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“One Big Beautiful Bill”

“One Big Beautiful Bill”

The “One Big Beautiful Bill” is a significant piece of legislation aimed at providing economic support, healthcare improvements, and tax relief, recently passed by the House of Representatives.

Key Features of the Bill

  1. Economic Support: The bill is designed to jumpstart the economy by making permanent and expanding the Tax Cuts and Jobs Act, which includes increasing the small business tax deduction from 20% to 23%. This aims to benefit small businesses, which are considered the backbone of the economy. 

  2. Healthcare Improvements: The legislation empowers American patients by providing more affordable healthcare choices. It expands the Health Savings Account (HSA) model, allowing more flexibility in healthcare spending for individuals and families. This is expected to save costs and improve access to care, particularly in rural communities. 

  3. Legislative Process: The bill, formally known as the “One Big Beautiful Bill Act,” was introduced in the House and passed with a narrow margin of 215-214 votes. It is now moving to the Senate for further consideration. 

  4. Comprehensive Provisions: The bill includes various provisions related to tax policy, border security, immigration, defense, energy production, and adjustments to programs like SNAP and Medicaid. This comprehensive approach aims to address multiple facets of American life and governance. 

    Current Status

As of June 16, 2025, the bill has passed the House and is in the Senate voting stage. Supporters are encouraged to contact their senators to voice their opinions on the bill. 

The White House

This legislation represents a significant effort by House Republicans to implement policies they believe will benefit the American economy and healthcare system, while also addressing various social and fiscal issues.