MI Congresswoman Haley Stevens Blasts Trump’s Big Ugly Bill Act As New Report Reveals Skyrocketing Costs For Michigan Families
New Report Warns: OBBA Will Raise Costs and Eliminate Protections for Michigan Families
WASHINGTON, D.C. – After a new report released this week by the Center for American Progress found that the One Big Beautiful Bill Act (OBBBA) would raise costs dramatically for Michigan families and strip away critical protections that working people rely on, Congresswoman Haley Stevens is calling out the bill
From higher health insurance premiums and grocery bills, to increased housing and energy costs, the report details how Michigan households would be among the hardest hit nationwide.
In response to the report's findings, Michigan Congresswoman Haley Stevens issued the following statement:
“This report is deeply concerning and underscores what so many working families across Michigan are already feeling every day: costs keep going up and up, and Donald Trump’s Big Ugly Bill will only make things worse.
“I will continue to fight to lower costs, create jobs, protect the benefits Michiganders earned over lifetimes of hard work, bolster our manufacturing sector, and put Michigan families first — and stand up to policies that leave hardworking Michiganders to pick up the tab.”
The report outlines the following projected impacts:
CAP: The Trump Administration’s One Big Beautiful Bill Act Will Drive Up Costs in Michigan
More expensive health insurance
“For example, a 55-year-old earning nearly $63,000 per year in Michigan will see their annual premium costs increase by at least $3,070 on average.”
Cuts to food assistance and higher grocery costs
“This puts 123,000 people in Michigan at immediate risk of losing some of their SNAP benefits, including parents with children ages 14 and older, older workers, veterans, those experiencing homelessness, and youth aging out of foster care”
“This elevates hunger and raises costs of groceries for millions of people at a time when food prices are rising due to Trump’s tariffs, which will strain families’ budgets. The costs of grocery items including bananas and coffee have already risen by more than 5 percent since the start of the year.”
Job losses and budget shortfalls
“2,226 grocery stores and other SNAP retailers in Michigan will face increased risk of financial instability due to decreased business from SNAP recipients.”
“Medicaid and SNAP cuts will cause the loss of an estimated 41,500 jobs in Michigan in 2029.”
“Michigan’s state and local governments will also lose an estimated $319 million in tax revenue, squeezing public budgets for vital services such as education and social services.”
Energy and fuel costs
“This national electricity rate hike will increase electricity costs in Michigan by an average of $60 per year starting in 2026.”
“Michigan households will spend an average of $80 more on gasoline annually by 2030.”
Housing and mortgage impacts
“For future Michigan homebuyers, the OBBBA will increase interest on a mortgage for the median single-family home by an average of $360 annually, or approximately $10,790 over a typical 30-year loan in 2030.”
Increased costs for small-business loans
“Small-business loan borrowers in Michigan can expect an increase in costs for a fixed-rate loan by an average of $830 annually in 2030, equivalent to approximately $12,470 over the length of an average fixed-rate loan.”
To read the full CAP report visit: https://www.americanprogress.org/wp-content/uploads/sites/2/2025/08/OBBBAfamilies-MI.pdf
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