Updated July 3, 2025: This past has been adjusted to correct the House vote to 218-214.
The House has passed the Senate’s version of President Donald Trump’s One Big Beautiful Bill by a narrow margin (218-214), and it will now head to President Donald Trump’s desk for his signature. The bill includes significant tax cuts that dwarf the spending cuts to the tune of a $3.1 trillion increase in the deficit over the next 10 years, according to Forbes . This article highlights five key ways the One Big Beautiful Bill Act will transform individual taxation.
Forbes 5 Key Ways Trump’s Big Beautiful Bill Transforms Corporate Taxation By Nathan Goldman
1…
Read the full article at FORBES.COM
