Pressure on House to pass Trump’s ‘Big Beautiful Bill’ by July 4 deadline
The pressure is one for House Republicans to pass President Trump’s massive tax cuts and spending bill by his July 4 deadline.
Fox – 32 Chicago
President Donald Trump‘s ‘One, Big Beautiful Bill’ is a sprawling megabill that includes a projected $4 trillion in tax cuts at the expense of many government program, such as Medicare, Medicaid and food stamp programs.
The Trump administration’s spending bill passed the Senate this week and is expected to pass the final vote in the House of Representatives on Thursday, July 3 before going to Trump’s desk to be signed into law.
Here’s what to know about Trump’s big beautiful bill:
What is in the One, Big Beautiful Bill?
Details in the Big Beautiful Bill include deep cuts to Medicaid — nearly 18% over a decade —along with new 80‑hour‑per‑month work requirements for able‑bodied adults on Medicaid (ages 19–64, including parents of children over 14), more frequent eligibility checks, restrictions on non‑citizen participation, bans on gender‑affirming care and Planned Parenthood funding, and tightened verification rules.
A similar 80‑hour‑per‑month work requirement would also apply to able‑bodied adults under 65 who rely on SNAP, with platform-wide SNAP reductions totaling roughly $230 billion over ten years.
The bill rolls back clean energy tax credits, moves to defund Planned Parenthood, and reduces funding for ACA marketplace subsidies and CHIP (but doesn’t specifically target Medicare).
On the flip side, Trump’s “no tax on overtime and tips” deduction is included (capped at $25k for tips, $12.5k for overtime), along with a $10,000 deduction for auto loan interest on U.S.-assembled vehicles.
Offsetting these cuts, the package boosts spending with $46.5 billion for the border wall, $2 billion for DHS, $29.9 billion for ICE, $25 billion for a “Golden Dome” missile defense system, $29 billion for shipbuilding, $15 billion for nuclear deterrence, over $10 billion for space programs, and more.
When would big beautiful bill go into effect?
Medicaid cuts proposed in the big beautiful bill would begin taking effect as early as Dec. 31, 2026, with some changes happening immediately after it’s signed. A key provision would require states to implement Medicaid work requirements, starting with the Dec 31, 2026 deadline, according to the Georgetown University Center for Children and Families.
The no tax on tips and overtime portion creates deductions for tax returns.
Once the bill is signed, workers will be able to claim a special deduction on their tax returns for tips and overtime pay.
Instead of seeing an immediate boost in their take-home pay, they’d still have federal taxes withheld during the year. However, at tax time, they can deduct up to $25,000 in reported tips and $12,500 in overtime from their taxable income, thereby lowering what they owe or increasing their refund.
The deduction is most likely to benefit middle-income earners who actually owe federal income tax. For low-income workers, especially those whose earnings already fall below the federal tax threshold, the change may feel less significant because they often don’t pay much — or anything — in federal income tax to begin with. And since the benefit phases out for high earners and expires in 2028, it’s a temporary break aimed squarely at the middle.
