'One Big Beautiful Bill Act' (OBBBA), signed by President Donald Trump on July 4, 2025, became a key element of his second term. The bill, passed by the Senate (51–50) with the decisive vote of Vice President Jay D. Vance and the House of Representatives (218–214), sparked intense debate due to unanimous opposition from Democrats.
OBBBA continues the tax cuts of 2017, which were set to expire in 2025, and introduces new benefits, including the elimination of taxes on tips and overtime work, increasing deductions for families, and raising the cap on local tax deductions to $40,000. The law also strengthens border control and cuts budget expenditures, which supporters say will promote economic growth.
Critics, however, call OBBBA 'tax breaks for the wealthy,' claiming in The Atlantic: 'It is more irony than truth.' Analysts note that the law brings significant benefits to the middle and working classes, although the distribution of benefits remains contentious.
The House of Representatives held the longest procedural vote in history – over seven hours, highlighting the tension of the debates. Supporters, such as Treasury Secretary Scott Bessent, call the law a 'golden era' for the U.S. economy, while opponents see it as a risk of increasing the deficit. OBBBA is already shaping the future of American politics, sparking heated discussions.