The 215-214 House vote, with one abstention, was met with loud cheers by House Republicans. Some of the key provisions include:
Extension of Trump-era tax cuts and new relief, such as exempting tips and overtime from taxation.
The state and local tax (SALT) deduction cap will be increased to $40,000, with phase-outs for high earners.
Cuts to safety-net programs such as Medicaid and food stamps, alongside new work requirements starting in December 2026.
Rollbacks on clean energy tax credits, boosting fossil fuel incentives.
Major increases in military and border security spending.
New taxes targeting elite universities (e.g., Harvard and other Ivy Leagues) and immigrant remittances.
The elimination of EV tax credits, replaced by interest deductions on U.S.-built vehicle loans
It is interesting to note that Reps. Warren Davidson of Ohio and Thomas Massie of Kentucky were the only Republicans to vote against the Big, Beautiful Bill. They warned about mounting deficits that would result if the bill were passed.
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.