VP Vance Champions “One Big Beautiful Bill” in Ohio
Impact Score: 2.4
Timeline: No specific deadline; expected impact over the next three to four years
Summary: Vice President JD Vance promotes President Trump’s “One Big Beautiful Bill,” the largest tax and spending law aimed at historic tax cuts for working- and middle-class Americans, including no tax on overtime and full expensing of capital investments. The bill also strengthens Medicaid, supports domestic manufacturing via tariffs and tax breaks, and garners local support for its potential to boost job growth and profitability. Risks include increased competition for talent and trade-related challenges for Vanderbilt University. Several departments at Vanderbilt may need to adapt curricula, funding strategies, and partnerships in response.
Key Actions: Conduct economic impact analyses, engage policymakers on tax implications, research societal effects, explore legal issues of tariffs, and develop educational programs aligned with new economic policies. Opportunities exist to partner with industries benefiting from the bill and lead national economic policy dialogues.
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