WASHINGTON, D.C., July 3, 2025 – The White House declared a resounding victory as the U.S. House of Representatives passed President Donald Trump’s flagship legislative package, the “One Big Beautiful Bill” (OBBB), late Thursday. The bill, a cornerstone of Trump’s America First agenda, is set to be signed into law during an Independence Day celebration, marking a significant milestone in his second term.
The OBBB, which includes permanent extensions of the Trump Tax Cuts, eliminates taxes on tips and overtime with capped deductions ($25,000 and $12,500 respectively), and abolishes the death tax, aiming to bolster family farms and small businesses. It also allocates substantial resources for border security, funding at least 1 million annual deportations, 10,000 new ICE agents, 3,000 additional Border Patrol agents, and the completion of the border wall—fulfilling key campaign promises.
White House Press Secretary Karoline Leavitt encapsulated the sentiment with a single word on social media: “VICTORY!” accompanied by an American flag emoji, reflecting the administration’s triumph. The bill’s passage comes as reports indicate mass deportations are already underway, with ICE reporting over 1,000 removals in the past week, supported by military aircraft deployments.
However, the legislation has not been without controversy. Critics, including some Democrats, argue it disproportionately benefits high-income households while cutting social safety nets. The Congressional Budget Office projects that mass deportations could add nearly $1 trillion to the deficit, challenging the bill’s economic promises. Additionally, new Medicaid work requirements for childless adults, effective December 2026, are expected to impact millions of low-income Americans, with the bill trimming Medicaid funding by approximately $1 trillion over a decade.
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 testament to Trump’s legislative ambition, with its fate to be sealed in a grand Independence Day signing ceremony.