The Senate Finance Committee’s portion of the reconciliation bill prevents a more-than $4 trillion tax hike on American families and workers and makes the 2017 Trump tax cuts permanent; delivers additional relief to working families and seniors; powers the economy by restoring and making essential business provisions permanent; and achieves record savings.
The Finance Committee’s legislation:
The One Big Beautiful Bill Act permanently extends the 2017 Trump tax cuts, preventing a more-than $4 trillion tax hike on American families and businesses. Permanently extending tax relief is the best way to restore prosperity and opportunity for working families.
If the 2017 Trump tax cuts expired:
Republicans are preventing a more-than $4 trillion tax increase, making tax relief permanent for families and businesses:
Beyond making rates permanent, the legislation delivers additional tax relief for American families, communities and small businesses.
Investments in workers and small businesses:
Investments in families, seniors and children:
The legislation permanently extends critical pro-growth provisions and introduces new incentives for domestic investment, providing certainty for American job creators to spur domestic economic activity and invest in workers.
Restores and makes permanent critical business provisions:
Boosts Made-in-America manufacturing:
Enhances Opportunity Zone incentives:
The legislation delivers record savings by slashing Green New Deal spending and promoting America-First energy; eliminating tax loopholes; and rooting out waste, fraud and abuse in our spending programs.
America First Energy Policy
Commonsense Medicaid Reforms
Republicans are improving Medicaid for those who need it while putting it on a fiscally sustainable path by:
Increasing personal accountability:
Rooting out waste, fraud and abuse:
Repealing Biden-era regulations:
Slowing the rate of spending growth: