It’s Now Up to Trump To Sign the ‘Big Beautiful Bill’

As promised, Congress has delivered the “Big Beautiful Bill” to President Donald Trump’s desk before Independence Day.

House members voted 218-214 to agree with the Senate’s version of a tax cut and spending bill, passing it before the self-imposed July 4 deadline. The bill will provide an estimated $4.5 trillion in tax cuts and make more than $1 trillion in cuts to Medicaid, among other provisions. All that’s left now is for Trump to sign the act into law, which he is expected to do in a ceremony on July 4 on the White House lawn.

Republicans have propelled the bill, which delivers on much of President Donald Trump’s campaign promises. Because they control both chambers of Congress, Republicans were able to drive the process and pass the bill by narrow margins without the support of any Democrats.

Democrats could not influence the bill much because of the legislative process under which it was written. Reconciliation bills are not subject to the Senate’s “filibuster” procedure, which allows the minority party to shoot down any legislation that has the support of fewer than 60 of the Senate’s 100 members. Republicans hold 53 Senate seats, so they wouldn’t have had enough votes to overcome a filibuster.

Republicans argue the bill will boost the economy by undoing mismanagement under Trump’s predecessor. However, independent experts suggest it could exacerbate the federal budget issues.

The University of Pennsylvania’s Wharton School of Business found that the bill will increase the federal deficit by $3.2 trillion over the next decade. It would decrease GDP and wages over the same time.

The act would also result in nearly 11 million people losing health insurance, according to the Congressional Budget Office.

Here is a list of some of the major provisions in the bill: