President Donald Trump/White House
The House of Representatives has passed the ‘One, Big, Beautiful Bill’ by a slim majority. The final vote count was 218 to 214.
All Democrat representatives voted against while nearly all Republicans voted in favor.
The House’s final approval followed the Senate’s recent revision and passage of the bill.
President Donald Trump will now review the bill prior to issuing his final approval.
The bill covers sundry issues including taxes, immigration, healthcare, and national security, and has incited fierce partisan debate.
Republicans have framed the bill as necessary for securing America’s future, while Democrats have undermined it as an effort to boost the wealthy.
U.S. Secretary of the Treasury Scott Bessent lauded the BBB, forecasting that it “will deliver the permanence and certainty both individual taxpayers and businesses alike are looking for, driving growth and unleashing the American economy.”
Senate Finance Committee Chairman Mike Crapo (R-ID) claimed the BBB will yield taxpayers $4 trillion in savings.
“This bill prevents an over-$4 trillion tax hike and makes the successful 2017 Trump tax cuts permanent, enabling families and businesses to save and plan for the future,” argued Chairman Crapo.
Conversely, Representative Maxwell Alejandro Frost (D-FL) derided the bill as “the largest transfer of wealth from the working class to the billionaires,” one that “rips away healthcare from 17 million people, and cuts food assistance for millions of families.”
Republicans have defended the bill’s “commonsense Medicaid reforms” as “improving Medicaid for those who need it while putting it on a fiscally sustainable path.”
The reforms include work requirements for able-bodied working-age adults without dependents and similar anti-fraud and waste measures.
President Trump passed the Tax Cuts and Jobs Act (TCJA), a major tax reform law, in 2017.
The TCJA mainly reduced personal income and corporate taxes among other regulatory tax reforms.
However, the TCJA is set to expire in 2025 absent an extension, which would raise tax rates precipitously.
According to recent reports, TCJA’s expiry would increase 80% of Americans' tax burdens.
“The One Big Beautiful Bill wasn’t written for the Democratic party, the elites, or the media. It’s for hardworking Americans,” said House Speaker Mike Johnson (R-LA) as he celebrated the passage of the bill.
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