WASHINGTON, D.C., July 3, 2025 – House Speaker Mike Johnson (R-LA) announced a major legislative triumph late Thursday, as the U.S. House of Representatives passed President Donald Trump’s “One Big Beautiful Bill” (OBBB), sending it to the President’s desk for signing on Independence Day. The bill, a comprehensive package of tax cuts, border security measures, and social policy reforms, marks a significant step in advancing Trump’s America First agenda.
Speaker Johnson, in a post on social media, declared, “The One Big Beautiful Bill: ✅ Passed ✅ Signed ✅ Heading to President Trump’s desk to become law.” He emphasized the bill’s potential to deliver “much-needed and much-deserved relief for hardworking Americans,” highlighting its permanent extensions of the Trump Tax Cuts, elimination of taxes on tips and overtime with capped deductions ($25,000 and $12,500 respectively), and abolition of the death tax to benefit family farms and small businesses.
The OBBB also allocates substantial resources for border security, including funding for at least 1 million annual deportations, 10,000 new ICE agents, 3,000 additional Border Patrol agents, and the completion of the border wall. These measures come as reports indicate mass deportations are already underway, with ICE statistics showing over 1,000 removals in the past week, supported by military aircraft deployments.
However, the bill has sparked significant debate. Critics, including some Democrats, argue it neglects low-income households, with the Congressional Budget Office estimating an average $1,600 annual loss for the bottom 10% due to cuts in social safety nets like Medicaid. New work requirements for childless adults, effective December 2026, are expected to impact millions, with the bill trimming Medicaid funding by approximately $1 trillion over a decade. The CBO also projects that mass deportations could add nearly $1 trillion to the deficit, challenging the bill’s economic promises.
The bill’s tax provisions, including deductions on tips and overtime, are set to expire in 2028, raising concerns about long-term fiscal sustainability. As the Senate prepares to reconcile its version, the OBBB stands as a cornerstone of Trump’s legislative legacy, with its fate to be sealed in a grand Independence Day signing ceremony.