The One Big Beautiful Bill Act is a sweeping law that reshapes the landscape of public funding and tax equity in the United States. It makes deep cuts to vital programs like healthcare, housing, food assistance, and education while giving huge tax breaks to billionaires and corporations. This legislation will likely increase the deficit, create a more complex and unfair tax system, and make it harder to fund the services people need most. It also shifts significant administrative and eligibility burdens onto states, forcing them to either cut spending, use up emergency funds, or raise local taxes.
The Economic Opportunity Funders (EOF) and the Tax Funders Equity Network co-hosted EOF’s Annual Budget and Tax Briefing on March 26-27, 2026, in Arlington, VA. This year’s funder briefing was a two-day event that started with dialogue around visionary approaches to revenue generation and public benefit access, followed by an analysis of the current budget and tax landscape and strategizing for what comes next. We explored:
- The stakes: What’s happening at the federal and state levels and how it impacts workers, families, and communities.
- The response: Strategies underway to shape the budget and tax fights ahead.
- The solutions: Policy and program changes needed to create stronger and more equitable revenue and public benefits systems at every level of government now, and the visionary strategies to build a better set of policies and programs in the years to come.
- The opportunity: The critical role of funders in meeting the challenges of the moment and supporting bold solutions for a more equitable future.
Meeting Materials
- All meeting materials can be found in this Google Folder.