Trump’s “big, beautiful bill” is working its way through Congress

The House Budget Committee officially approved President Trump's One Big Beautiful Bill Act on Sunday after a handful of GOP holdouts agreed to let it pass.

The proposed legislation, which includes a range of domestic policies backed by Trump and congressional Republicans, now heads to the full House floor for an upcoming vote.

What’s in it?

As it currently stands, the One Big Beautiful Bill Act covers five main areas:

1. Tax cuts: The bill would make permanent the cuts from Trump’s 2017 Tax Cuts and Jobs Act, increase the maximum Child Tax Credit from $2,000 to $2,500, and fulfill Trump’s campaign promises to eliminate taxes on tips, overtime, and car loan interest. It would also implement a series of new business-centered tax deductions.
2. Healthcare: Starting in 2029, childless adults without disabilities would have to work at least 80 hours/month to qualify for Medicaid (there’s currently no work requirement). The measure would also seek to save the federal government money by scaling back Medicaid funding for states, and requiring them to impose Medicaid co-payments for adults who are above the poverty line.
3. Defense: The bill requests an additional $150 billion in national security spending, with an emphasis on building out the US military’s drone capabilities across different branches.
4. Education: The bill proposes several changes to higher education, with a goal of finding $330 billion in savings. These include new caps on federal student loans, fewer loan repayment plans, and a revamped Pell Grant system featuring increased credit requirements and new eligibility for short-term workforce training programs.
5. Border security: The measure allocates $70 billion for various border security initiatives, including $46.5 billion to construct and maintain barriers along US borders. Other areas of funding include facility improvements, personnel hiring, and surveillance technology.

Looking ahead…Speaker Mike Johnson (R-LA) says he’s “absolutely convinced” the Republican-controlled House will be able to approve the bill by the end of this week.