H.R. 1’s hidden costs: What the federal megabill really means for Oklahoma

H.R. 1, also called the One Big Beautiful Bill, is a federal reconciliation law passed in 2025 that delivers large tax cuts to corporations and high-income households while reducing long-term federal revenues.

Marketed as a plan for “tax relief,” the law instead delivers massive tax cuts to corporations and the wealthiest Americans while reducing the federal resources that states depend on to fund essential programs and services.

For Oklahoma, this will mean fewer federal dollars to support health care, food assistance, education, and other essential services. These changes threaten to unravel decades of progress in public investment, weakening the systems that keep families, workers, and communities supported.

H.R. 1’s impacts will reach into nearly every part of daily life. From Medicaid and SNAP to public education, the economy, and more, the law’s tax cuts and structural changes will deepen inequality and strain the systems that help Oklahomans stay healthy, housed, and financially stable.

Research and analysis from OK Policy and our partners examine what these changes mean for Oklahoma’s future and highlight the need for policies that strengthen, rather than strain, the foundation our communities depend on.

What is H.R. 1?

H.R. 1 is a 2025 federal reconciliation law that restructures federal taxes and spending. While promoted as tax relief, it primarily benefits corporations and wealthy households and limits future federal investments that states rely on.

How does the One Big Beautiful Bill affect Oklahoma?

H.R. 1 reduces federal resources that help fund Medicaid, SNAP, public education, and other core services in Oklahoma, shifting more financial pressure onto state budgets and local communities.

Here are some specific examples of where these cuts will cause harm in Oklahoma. 

General Impacts

Key Information Title Link to Source
“Let’s be clear: this bill takes food off the tables of children, strips life-saving care from low-income families, and guts the public investments that help people get back on their feet. All while handing out enormous tax breaks to the wealthiest Americans and corporations who needed no help.” Statement from OK Policy on passage of the “Big Beautiful Bill” (July 2025)  [Statement from OK Policy]
“SNAP and SoonerCare (Oklahoma’s Medicaid program) are lifeline programs that serve our state’s most vulnerable residents, oftentimes the only thing keeping families fed and helping them see a doctor or fill a prescription.” OK Policy condemns U.S. House passage of federal budget bill that harms vulnerable Oklahomans (May 2025)  [Statement from OK Policy]
“While this bill meets the technical definition of a federal budget, it abandons the core responsibilities of one. This bill prioritizes the wealthy at the expense of everyone else.” Policy Matters: New federal budget bill would harm Oklahoma children, families [OK Policy’s Shiloh Kantz / The Journal Record]
“The deceptive part is that these cuts won’t take effect until after next year’s midterm elections. That’s not a coincidence. It’s a calculated move.” Policy Matters: The Big ‘Beautiful’ Delay [OK Policy’s Shiloh Kantz / The Journal Record]
This resource details the implementation dates of many provisions within the law, including cuts to food assistance, health coverage, and climate taxes, and new and extended tax cuts for wealthy households and corporations. Implementing the Harmful Republican Megabill: a Timeline [Center on Budget and Policy Priorities]
Framed as a way to encourage work and independence, work requirement policies are not about responsibility at all — they’re about paperwork. Instead of helping families find stability, they create systems that judge worthiness through forms and reporting, not effort or need. “Work requirements” won’t work for Oklahoma [Kati Malicoate / OK Policy]
Evidence shows that much of the coverage loss due to work requirements will occur among people who work or should qualify for an exemption but nevertheless will lose coverage due to red tape. Medicaid Work Requirements Will Take Away Coverage From Millions: State and Congressional District Estimates  [Center on Budget and Policy Priorities]

 

Healthcare / Medicaid Impacts

Key Information Title Link to Source
H.R. 1 doesn’t strengthen Medicaid; it buries it under bureaucracy. Now that these new rules are law, states like Oklahoma face the fallout – more red tape, more families losing coverage, and a weaker health safety net for everyone. Every Oklahoman deserves a system that values care over paperwork.  How the not-so-beautiful bill will push eligible Oklahomans off SoonerCare [Kati Malicoate / OK Policy]
If the current enhancements end, most people would have to pay a much larger share of their premiums — or may lose eligibility for assistance entirely. In 2025, nearly 300,000 Oklahoma residents received the premium tax credits to help make Marketplace coverage affordable — about 94% of all Marketplace enrollees in Oklahoma.  What Oklahomans need to know about expiring ACA premium tax credits  [Kati Malicoate / OK Policy]
Many Oklahomans will see health insurance rate hikes unless Congress extends expiring Affordable Care Act tax credits. Rural residents will be hit hardest, according to a researchers from the Oklahoma Policy Institute. Oklahoma Policy Institute: ACA expirations will hit rural residents harder than urban [KOSU]

 

Food Assistance / SNAP Impacts

Key Information Title Link to Source
HR 1 severely cuts the Supplemental Nutrition Assistance Program (SNAP), harming the thousands of Oklahoma residents who rely on this program for food. H.R. 1’s Key Harms to Oklahoma [Hunger Free Oklahoma]
In 2024, SNAP helped 686,800 Oklahoma residents, or 17% of the state population (1 in 6) Factsheet: SNAP in Oklahoma [Center on Budget and Policy Priorities]

ABOUT THE AUTHOR

Oklahoma Policy Insititute (OK Policy) advances equitable and fiscally responsible policies that expand opportunity for all Oklahomans through non-partisan research, analysis, and advocacy.