The House voted 215-214 to pass the
One, Big Beautiful Bill Act Thursday morning after marathon
negotiations to get GOP holdouts on board.
Late Wednesday,
changes were made to appease Republican lawmakers from blue states,
including New York and New Jersey, to increase the state and local tax
(SALT) deduction cap to 40,000 for those earning $500,000 or under. The
timeline to implement new Medicaid work requirements was also bumped up
to “no later than December 31, 2026.”
Regarding clean energy tax credits, a sticking point for House
Freedom Caucus members, the bill was also revised to end many of them by
2028.
To address concerns from other holdouts,
Johnson said President Trump has committed to signing executive orders
related to those issues.
Speaking early Thursday and reflecting
on the long hours that brought them to this point, Johnson quipped it
was quite literally morning in America again.
He described the
bill as a “turning point in American history” and said it achieves all
they were sent to Washington to do—it makes the Tax Cuts and Jobs Act
permanent, delivers no tax on overtime or tips, strengthens border
security and the administration’s deportation efforts, finishes the
border wall, takes aim at waste, fraud, and abuse, and much more, as
Rep. Barry Loudermilk (R-GA) highlighted:
Border Security
• Provides funding for 10,000 new Immigration and Customs Enforcement personnel.
• Provides funding for detention capacity sufficient to maintain an average daily population of at least 100,000 aliens.
• Provides funding for at least one million annual removals.
• Introduces a new series of fees that provide funding and resources to various agencies.
• Funds the hiring of 10,000 new ICE agents and Homeland Security Investigations (HSI) criminal investigators
• Codifies permanent fees for immigration services, to ensure cost recovery and reduce the federal deficit.
•
Provides $12 billion to reimburse states for actions taken to deter,
mitigate, or prevent unlawful or illicit activities related to border
security.
Permanent Extension of Tax Cuts and Jobs Act
• Makes the 2017 Trump-era tax cuts permanent – protecting the average taxpayer from a 22 percent tax hike.
• Saves the average American family $1,700 – the equivalent of 9 weeks of groceries.
• Increases real annual take-home pay for a median-income household with two children by roughly $4,000 to $5,000.
• Raises annual real wages by $2,100 to $3,300 per worker.
•
Delivers on President Trump’s priorities of no tax on tips, overtime
pay, or car loan interest, and provides additional tax relief for our
seniors.
• Repeals the requirement for firearm silencers and takes the manufacturer tax on silencers to $0
•
Locks in and boosts the doubled Child Tax Credit for more than 40
million families, and provides additional tax relief for American
families.
• Supports working families by expanding access to childcare and making the paid leave tax credit permanent.
•
Puts American families in control of their health care by expanding
health savings accounts and cementing into law a Trump Administration
policy that offers more choice and flexibility for health coverage
options.
• Starts building financial security for America’s children, at birth, with the creation of new savings accounts.
Unleashes American Energy
• Reinstates quarterly onshore oil and gas lease sales, generating $12 billion in revenue.
•
Mandates at least thirty lease sales in the Gulf of America over the
next fifteen years, and six in the Cook Inlet, generating billions of
dollars in new revenue.
• Returns to reasonable oil and natural gas royalty rates.
• Requires geothermal lease sales, generating $23 million in new revenue.
•
Resumes leasing for energy production in the National Petroleum
Reserve in Alaska and the Arctic National Wildlife Refuge, generating
over $1 billion in new revenue and savings.
• Resumes coal leasing on federal lands.
• Increases timber sales on federal lands and requires long-term timber contracts.
“What we’re achieving today is nothing short of historic and that’s true,” Johnson said.
Republicans
could only afford to lose three GOP votes, with all Democrats voting
against it. Rep. Thomas Massie (R-KY) and Rep. Warren Davidson (R-OH)
joined Democrats in opposition. House Freedom Caucus Chair Rep. Andy
Harris voted present.
“Today, under President Trump’s
leadership, House Republicans delivered a huge win for the American
people by passing the One, Big, Beautiful Bill — a bold package that
keeps the President’s promises of the largest tax cut in American
history, deporting criminal aliens, and sealing the border," RNC
Chairman Michael Whatley said in a statement. "Every single Democrat
voted against it. They voted against tax relief for hardworking
Americans. They voted against immigration enforcement. They voted
against 80% of the country who support extending the Trump Tax Cuts.
Republicans are fighting for No Tax on Tips and No Tax on Overtime,
while Democrats are fighting for the largest tax hike in American
history. The difference is clear: Republicans are putting America First.
Democrats aren’t. This is what the American people voted for, and
Republicans are delivering.”
House Republicans held a press conference after the bill's passage:
Editor's Note: This is a breaking news post and may be updated with additional information.
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