The One Big Beautiful Bill Act was signed into law July 4. While the legislation extends some tax cuts for the middle class implemented under President Donald Trump's 2017 Tax Cuts and Jobs Act, new analysis demonstrates that utility bills will increase across the country.

The One Big, Beautiful Bill may be beautiful to multinational corporations and CEOs, but it’s a disaster for the rest of us, U.S. Senate candidate J.D. Scholten writes.

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).

An analysis by a think tank found that annual household energy costs in South Dakota will increase $64 by 2030 and $120 by 2035.