#OneBigBeautifulBill The One Big Beautiful Bill Act, also known as OBBBA or BBB, is a budget reconciliation law passed by the 119th United States Congress. It contains tax and spending policies that form the core of President Donald Trump's second-term agenda. Here are the key points about the bill¹ ²:

- *Passage and Signing*: The bill was passed by the House of Representatives on May 22, 2025, and by the Senate on July 1, 2025, with Vice President JD Vance casting a tiebreaking vote. President Trump signed it into law on July 4, 2025.

- *Key Provisions*:

- *Tax Changes*: The bill prevents large tax increases for individuals and businesses by extending or modifying several tax provisions originally enacted under the 2017 Tax Cuts and Jobs Act. It also proposes removing taxes on tips and overtime pay, and making car loan interest tax-free.

- *Immigration*: The bill includes $70 billion for border security, allowing for up to 1 million deportations a year, prioritizing speed and volume over due process.

- *Healthcare and Medicaid*: The bill adjusts eligibility for Medicaid and other aid programs.

- *Defense and Social Welfare*: The bill increases military funding and cuts funding for green energy initiatives.

- *Impact*: The bill's provisions aim to provide middle-class tax relief, but its sweeping changes have sparked intense debate, with some seeing it as a threat to essential services and long-term stability.

- *Criticism and Controversy*: Critics argue that the bill's radical economic shift, which proposes replacing income taxes with massive tariffs on imported goods, could lead to soaring inflation, global retaliation, and financial instability.#BTCWhaleMovement