August 22,2025

Crapo: OBBB Makes Americans More Prosperous

Boise, Idaho--During the Senate state work period, Senate Finance Committee Chairman Mike Crapo (R-Idaho) spoke at an Idaho event with Americans for Prosperity (AFP) to discuss the ways the One Big Beautiful Bill Act (OBBB) builds on the Trump tax credits by making provisions permanent and delivering additional middle-class tax relief.

 

The OBBB:

  • Fulfills President Trump’s promises like no taxes on tips and no taxes on overtime.
  • Creates new and significant tax relief for our seniors.
  • Benefits families with a bigger, permanent child tax credit, expanded child care benefits and the first ever federal school choice tax credits.
  • Benefits businesses with a permanent 20 percent small business deduction and full expensing for factories and capital equipment.

“The One Big Beautiful Bill is significant and sweeping, and it is probably one of the most consequential pieces of legislation most of us will have worked on in our lifetimes,” Crapo said.

 

AFP Managing Director Kent Strang: “The truth is, the OBBBA represents a generational opportunity to transform the American economy. From unleashing innovation and cutting red tape to delivering real relief for families and small businesses, the bill is already making a difference—and AFP is committed to making sure every American knows it.”

 

Click HERE to learn more about the Finance Committee provisions in the One Big Beautiful Bill Act.