#OneBigBeautifulBill The "One Big Beautiful Bill" (OBBB), enacted by President Donald Trump on July 4, 2025, is a broad budget reconciliation package. It extends Trump's 2017 tax cuts, making many permanent, and introduces new temporary tax deductions for tips and overtime.

The OBBB significantly increases spending on defense and border security, allocating funds for the border wall, detention centers, and an increase in ICE agents. To offset the costs, it includes substantial cuts to Medicaid and expands work requirements for SNAP benefits. Critics, such as Elon Musk, argue that it endangers incentives for renewable energy and adds trillions to the national debt.