The press release discusses the One Big Beautiful Bill Act's projected savings and economic growth effects, highlighting deficit reduction strategies.
Quiver AI Summary
The One Big Beautiful Bill Act, introduced by U.S. Senator Mike Crapo of Idaho, aims to achieve significant federal savings through historic spending cuts and economic growth incentives. The legislation is projected to reduce federal spending by over $1.5 trillion and lower the deficit by approximately $400 billion, with estimates indicating it could generate up to $4 trillion in additional federal revenue.
Crapo stated, “The way to address the deficit is not to tax hardworking taxpayers more, it is to grow the economy and spend less." The bill outlines various projections, including $248 billion in economic growth from the manufacturing sector and the creation of 1.2 million jobs through tax provisions.
For further details, the public is invited to explore the Finance Committee's provisions in the One Big Beautiful Bill Act.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Mike Crapo Net Worth
Quiver Quantitative estimates that Mike Crapo is worth $3.5M, as of August 18th, 2025. This is the 197th highest net worth in Congress, per our live estimates.
Crapo has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Mike Crapo's net worth on Quiver Quantitative's politician page for Crapo.
Mike Crapo Bill Proposals
Here are some bills which have recently been proposed by Mike Crapo:
- S.2360: Judicial Reorganization Act of 2025
- S.2019: TRAPS Act
- S.1714: Disabled Veterans Housing Support Act
- S.1532: A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.
- S.1150: Increased TSP Access Act of 2025
- S.995: Choice in Automobile Retail Sales Act of 2025
You can track bills proposed by Mike Crapo on Quiver Quantitative's politician page for Crapo.
Mike Crapo Fundraising
Mike Crapo recently disclosed $202.7K of fundraising in a Q2 FEC disclosure filed on July 14th, 2025. This was the 427th most from all Q2 reports we have seen this year. 42.3% came from individual donors.
Crapo disclosed $73.0K of spending. This was the 596th most from all Q2 reports we have seen from politicians so far this year.
Crapo disclosed $2.8M of cash on hand at the end of the filing period. This was the 102nd most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Mike Crapo's fundraising on Quiver Quantitative.
