#OneBigBeautifulBill What the Bill Covers
Dubbed the One Big Beautiful Bill Act it’s a sweeping $3.3 - $4.5 trillion combined package of tax cuts, spending and debt‑ceiling measures passed narrowly in the Senate on July 1, 2025. With a razor‑thin 51–50 vote decided by VP JD Vance it makes permanent most of Trump’s 2017 tax cutsexpands the SALT deduction cap introduces deductions for tips and overtime, and significantly raises federal spending on defense, border security, and energy all funded partly by deep cuts to Medicaid, SNAP and green‑energy tax credits .
2. Congressional Debate & Process
The process hinged on budget reconciliation which allowed passage with a simple majority .
Senate parliamentarian rulings struck certain provisions (e.g. public land sales AI regulation restrictions), shaping the final text .
The bill now returns to the House, where Republicans hold a fragile 220–212 edge and Speaker Mike Johnson is racing to secure a vote before Trump’s July 4 deadline
3. Fiscal & Social Impact
The Congressional Budget Office estimates it will raise the national debt by about $3.3 trillion over a decade and strip health coverage from approximately 11.8 million Americans .
Critics across the board warn that it shifts wealth from lower-income families to the wealthy and weakens the social safety net .
4. Political Fallout
Elon Musk harshly criticized the bill, branding Republicans as the PORKY PIG PARTY. and vowed to back primary challenges while considering a new America Party.
Senate Republicans expressed mixed feelings support for tax relief but concern over fiscal irresponsibility and entitlement cuts
5. What Comes Next
The House vote is expected imminently, with key lawmakers including Murkowski Collins Paul Tillis and Johnson voicing doubts
If passed, Trump is poised to signsolidifying a signature second‑term legislative achievement but internal GOP divisions and public backlash may hinder its final passage.