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The One Big Beautiful Bill: Legislation for Historic Prosperity and Deficit Reduction

·12:00 PMWashington, D.C.Updated: Aug 9, 12:58 AM

By Fayette County Discussions

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The White House announced on June 25, 2025: Executive Summary On May 22, 2025, the House of Representatives passed H.R.1, the One Big Beautiful Bill (OBBB) Act to avert a $4 trillion tax hike from the expiration of the 2017 Tax Cuts and Jobs Act (TCJA) and to deliver additional pro-growth and… [National]

The White House issued the following white house research on June 25, 2025:

Executive Summary On May 22, 2025, the House of Representatives passed H.R.1, the One Big Beautiful Bill (OBBB) Act to avert a $4 trillion tax hike from the expiration of the 2017 Tax Cuts and Jobs Act (TCJA) and to deliver additional pro-growth and pro-worker tax cuts in line with those promised by President Trump. […] The post The One Big Beautiful Bill: Legislation for Historic Prosperity and Deficit Reduction appeared first on The White House .

[National]

Read the full original release: https://www.whitehouse.gov/research/2025/06/the-one-big-beautiful-bill-legislation-for-historic-prosperity-and-deficit-reduction/

--- Source: The White House (whitehouse.gov). This item is reported by the official White House and is presented here as a public information service. Fayette County Discussions links readers to the original release and does not reproduce the full text. All statements and political claims are attributed to the White House and are not independently verified by Fayette County Discussions.

Source: The White House

Statements and political claims are attributed to the White House and are not independently verified by Fayette County Discussions.

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