Big Beautiful Bill (BBB)

Extracted Attributes

• Type

  U.S. federal statute

• Sponsor

  Rep. Jodey C. Arrington [R-TX-19]

• Acronyms

  OBBBA, OBBB, BBB

• Congress

  119th United States Congress

• President

  Donald Trump

• Criticisms

  Regressive tax structure, described as gimmicks, potential for largest upward transfer of wealth, rollback of clean energy incentives, increased funding for immigration enforcement and deportations

• House Vote

  215-214 (Roll no. 145)

• Core Agenda

  President Donald Trump's second-term agenda

• Senate Vote

  51-50 (Vice President JD Vance broke tie)

• Energy Policy

  Phases out some clean energy tax credits (from Inflation Reduction Act); Promotes fossil fuels over renewable energy; Expands access for and reduces costs to develop fossil fuels

• Official Name

  One Big Beautiful Bill Act

• Enactment Date

  2025-07-04

• Public Opinion

  Majority opposition

• Primary Purpose

  Comprehensive tax and spending policies

• Other Tax Provisions

  1% tax on remittances; Increased taxes on investment income from college endowments; Increased tax credit for advanced semiconductor manufacturing; Repeal of tax on silencers; Minimum $100 fee for asylum seekers

• Health Care Provisions

  Ban on federal funds in Medicaid, Children's Health Insurance Program (CHIP), and Affordable Care Act (ACA) from being used for gender-affirming care for adults and children (starting 2027); Changes to Medicaid funding formula to increase benefits for Alaska and Hawaii; Proposal to stop payments to ACA plans that pay for abortions (outside cases involving rape, incest, or danger to the life of a mother)

• Fiscal/Spending Provisions

  Raises debt ceiling by $5 trillion; 12% cut to Medicaid spending; Expands work requirements for SNAP benefits (states responsible for some costs); $150 billion in new defense spending; $150 billion for border enforcement and deportations; Increases Immigration and Customs Enforcement (ICE) funding from $10 billion to over $100 billion by 2029; $46.5 billion for border wall construction; $45 billion for immigrant detention capacity; $30 billion for ICE hiring, training, and resources

• Tax Provisions (Permanent)

  Extension of individual tax rates from 2017 Tax Cuts and Jobs Act (TCJA); Permanent $200 increase in child tax credit; Immediate deduction for domestic Research and Experimental Expenditures (R&D) after 2024; Deduction for previously capitalized R&D for small businesses (average annual gross receipts $31M or less) after 2021

• Tax Provisions (Temporary)

  State and Local Tax (SALT) deduction cap increased to $40,000 for taxpayers making less than $500,000 (reverts to $10,000 after 5 years); Temporary tax deductions for tips, overtime pay, and auto loans (expire 2028); Creation of tax-deferred 'Trump Accounts' for children (expire 2028)

• CBO Estimated Deficit Increase

  $2.8 trillion by 2034

• CBO Estimated Health Insurance Loss

  10.9 million Americans

Timeline

• The One Big Beautiful Bill Act was introduced in the House of Representatives by Rep. Jodey C. Arrington [R-TX-19]. (Source: Web Search Results)

  2025-05-20

• The bill passed the House of Representatives with a vote of 215-214. (Source: Web Search Results)

  2025-05-22

• The Big Beautiful Bill (One Big Beautiful Bill Act) was signed into law by President Donald Trump. (Source: Summary)

  2025-07-04

One Big Beautiful Bill Act

The One Big Beautiful Bill Act (acronyms OBBBA; OBBB; BBB), or the Big Beautiful Bill, is a U.S. federal statute passed by the 119th United States Congress containing tax and spending policies that form the core of President Donald Trump's second-term agenda. The bill was signed into law by President Trump on July 4, 2025. Although the law is popularly referred to as the One Big Beautiful Bill Act, this official short title was stripped from the bill during the Senate amendment process, and therefore the law officially has no short title. The OBBBA contains hundreds of provisions. It permanently extends the individual tax rates Trump signed into law in 2017, which were originally set to expire at the end of 2025. It also raises the cap on the state and local tax deduction to $40,000 for taxpayers making less than $500,000, with the cap reverting to $10,000 after five years. The OBBBA also includes several temporary tax deductions for tips, overtime pay, auto loans, and creates Trump Accounts, allowing parents to create tax-deferred accounts for the benefit of their children, all set to expire in 2028. It also includes a permanent $200 increase in the child tax credit, a 1% tax on remittances, and a tax hike on investment income from college endowments. In addition, it phases out some clean energy tax credits that were included in the Biden-era Inflation Reduction Act, and promotes fossil fuels over renewable energy. It increases a tax credit for advanced semiconductor manufacturing and repeals a tax on silencers. It raises the debt ceiling by $5 trillion. It makes a significant 12% cut to Medicaid spending. The OBBBA also expands work requirements for SNAP benefits (formerly called "food stamps") recipients and makes states responsible for some costs relating to the food assistance program. The OBBBA includes $150 billion in new defense spending and another $150 billion for border enforcement and deportations. The bill increases the funding for Immigration and Customs Enforcement (ICE) from $10 billion to more than $100 billion by 2029, making it the single most funded law enforcement agency in the federal government and more well funded than most countries' militaries. The Congressional Budget Office (CBO) estimates the bill will increase the budget deficit by $2.8 trillion by 2034 and cause 10.9 million Americans to lose health insurance coverage. Several think tanks, experts, and opponents have criticized the bill over its regressive tax structure, described many of its policies as gimmicks, and argue the bill would create the largest upward transfer of wealth from the poor to the rich in American history. It has also drawn controversy for rolling back clean energy incentives, increasing funding for immigration enforcement and deportations. According to multiple polls, a majority of Americans oppose the bill.

Web Search Results

• Here's what's in Trump's "big, beautiful bill" passed by Congress

  The House approved the bill in a 218 to 214 vote Thursday, after the Senate narrowly approvedthe bill Tuesday in a 51-50 vote that required Vice President JD Vance to break a tie. At the center the "big, beautiful bill"is an extension of Mr. Trump's 2017 Tax Cuts and Jobs Act, which was slated to sunset at the end of the year. The legislation would make most of the tax cuts permanent, while increasing spending for border security, defense and energy production. [...] The legislation includes more than $46.5 billion for border wall construction and related expenses, $45 billion to expand detention capacity for immigrants in custody and about $30 billion in funding for hiring, training and other resources for U.S. Immigration and Customs Enforcement. It also includes a minimum $100 fee for those seeking asylum, down from the $1,000 fee outlined in the initial House bill. The Senate parliamentarian ruled out the $1,000 fee for anyone applying for asylum. [...] The legislation includes restrictions on Medicaid, which provides government-sponsored health care for low-income and disabled Americans. The bill imposes work requirements for some able-bodied adults and more frequent eligibility checks. The Congressional Budget Office estimates that the bill would result in 11.8 million Americans losing health coverage under Medicaid over the next decade.

• Big Beautiful Bill Tax Changes: Key Highlights

  — a sweeping piece of tax legislation that reshapes key areas of the Internal Revenue Code. The BBB extends, modifies, or makes permanent a number of tax provisions originally introduced under the Tax Cuts and Jobs Act (TCJA), while also introducing several new provisions to the Internal Revenue Code. The following outlines some of the most significant changes likely to impact businesses, as well as high-net-worth individuals and families. ### Provisions made Permanent or Extended [...] Research and Experimental Expenditures – The BBB allows taxpayers to immediately deduct domestic research and development (R&D) expenditures beginning after December 31, 2024. Small Business Taxpayers will be able to deduct domestic R&D expenditures that were previously capitalized for tax years after December 31, 2021. Small Business Taxpayers are defined as taxpayers with average annual gross receipt of $31 million or less. Taxpayers with average annual gross receipts of more than $31 [...] ### Conclusion The Big Beautiful Bill introduces sweeping changes to the Internal Revenue Code—some permanent, others modified or newly introduced—that are poised to significantly impact businesses and high-net-worth individuals and families. While this summary highlights many of the bill’s notable provisions, several additional changes and implementation details are still unfolding.

• Text - H.R.1 - 119th Congress (2025-2026): One Big Beautiful Bill Act

  | Sponsor: | [Rep. Arrington, Jodey C. [R-TX-19]]( (Introduced 05/20/2025) | | --- | | Committees: | House - Budget | | Committee Meetings: | 07/01/25 1:30PM05/21/25 1:00AM | | Committee Reports: | H. Rept. 119-106,Book 1; H. Rept. 119-106,Book 2 | | Latest Action: | 07/04/2025 Became Public Law No: 119-21.(All Actions) | | Roll Call Votes: | There have been 47 roll call votes | | Notes: | The bill text and summary for the House-passed version have been updated pursuant to H.Res. 492. | [...] | Tracker: Tip | This bill has the status Became Law Here are the steps for Status of Legislation: 1. Introduced Array ( [actionDate] => 2025-05-20 [displayText] => [externalActionCode] => 5000 [description] => Introduced [chamberOfAction] => House ) 2. Passed House Array ( [actionDate] => 2025-05-22 [displayText] => Passed/agreed to in House: On passage Passed by the Yeas and Nays: 215 - 214, 1 Present (Roll no. 145). (text: CR H2235-2334) [externalActionCode] => 8000 [description] => Passed [...] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. TABLE OF CONTENTS. The table of contents of this Act is as follows: Sec. 1. Table of contents. TITLE I--COMMITTEE ON AGRICULTURE, NUTRITION, AND FORESTRY Subtitle A--Nutrition

• One Big Beautiful Bill Act - Wikipedia

  The official short title of the bill;( A ban on pharmacy benefit managers using spread pricing;( A ban on the use of federal funds in Medicaid, the Children's Health Insurance Program (CHIP) and the Affordable Care Act from being used to pay for gender-affirming care for adults and children (the Crenshaw Amendment "Hyde Amendment")) starting in 2027;( Changes to the Medicaid funding formula to increase benefits for Alaska and Hawaii;( [...] A proposal from Senator Mike Lee to sell millions of acres of federal land in the Western United States;( and A proposal to stop payments to Affordable Care Act plans that pay for abortions outside of cases involving rape, incest, or danger to the life of a mother.( [...] Increases the cap on the state and local tax deduction to $40,000 for taxpayers making less than $500,000, with the cap reverting to $10,000 after 5 years, at an estimated cost of $142 billion. Republican representatives Elise Stefanik, Mike Lawler, Nick LaLota, and Andrew Garbarino of New York, Representative Young Kim of California, and Representative Tom Kean Jr. of New Jersey cut this deal with House Speaker Mike Johnson in exchange for their votes;_[citation needed_]

• What's in the “One Big Beautiful Bill”? - USAFacts

  The bill introduces changes to the country’s energy policies, including expanding access for and reducing costs to develop fossil fuels, and adjusting fees and revenues of renewables. Since the mid-20th century, fossil fuels (coal, natural gas, and crude oil) have been the top forms of US-made energy. In 2023, they accounted for 75%of energy production. [...] The bill approved cuts to Medicaid, a health program jointly run by states and the federal government to help people with limited income cover medical costs. It’s funded through mandatory federal spending which renews automatically each year without needing Congressional approval. [...] The new bill cements some tax-related provisions of the 2017 Tax Cuts and Jobs Act (TCJA), including the individual tax brackets and the increased standard deduction. The bill expands a TCJA-imposed cap on the state and local tax (SALT) deduction from $10,000 to $40,000 per taxpayer for households earning under $500,000. It also reduces the child tax credit and adds new provisions, including deductions for income on tips or overtime work.