The #OneBigBeautifulBill has made history! After passing the House of Representatives on May 22, 2025, with a narrow vote of 215-214, and the Senate on July 1, 2025, with a 51-50 vote, President Trump signed this landmark bill into law on July 4, 2025.

What's in the Bill?

- *Tax Cuts*: The bill prevents large tax increases for individuals and businesses, building on the 2017 Tax Cuts and Jobs Act.

- *Spending Cuts*: It proposes $1.5 trillion in federal spending cuts, targeting Medicaid and social programs.

- *Border Security*: The bill allocates $70 billion for border security, including more fences, surveillance, and deportations, with a target of up to 1 million deportations per year.

- *Healthcare*: Major cuts to social programs and Medicaid have sparked debate and concern about reduced healthcare access.

Impact on Americans

- *Winners*: Businesses and some families may benefit from permanent tax cuts and short-term child tax credits.

- *Losers*: Those relying on social programs and Medicaid may face reduced access to healthcare and support.

- *National Debt*: The bill's impact on national debt remains a concern, with potential long-term implications.

Next Steps

Now that the bill is law, Americans will start feeling its effects. Business owners, in particular, should review their tax strategies and financial plans to adapt to the changes.

Stay informed about the #OneBigBeautifulBill and its implications for the country. What do you think about this landmark legislation?