May 23, 2025 — The U.S. House of Representatives has passed the One Big Beautiful Bill Act, a megabill enacting much of U.S. President Donald Trump’s second-term policy agenda, such as slashing domestic spending programs in exchange for tax cuts and new military and border spending.
“’THE ONE, BIG, BEAUTIFUL BILL’ has PASSED the House of Representatives! This is arguably the most significant piece of Legislation that will ever be signed in the History of our Country!” Trump wrote on his Truth Social account. “The Bill includes MASSIVE Tax CUTS, No Tax on Tips, No Tax on Overtime, Tax Deductions when you purchase an American Made Vehicle, along with strong Border Security measures, Pay Raises for our ICE and Border Patrol Agents, Funding for the Golden Dome, ‘TRUMP Savings Accounts’ for newborn babies, and much more!”