Big Beautiful Bill

One Big Beautiful Bill Act

The One Big Beautiful Bill Act, or the Big Beautiful Bill, is a U.S. federal statute passed by the 119th United States Congress containing tax and spending policies that form the core of President Donald Trump's second-term agenda. The bill was signed into law by Trump on July 4, 2025. Although the Act is popularly referred to as the One Big Beautiful Bill Act, this official short title was removed from the bill during the Senate amendment process. Therefore, the law has no official short title. The OBBBA contains hundreds of provisions. It permanently extends the individual tax rates Trump signed into law in 2017, which were set to expire at the end of 2025. It raises the cap on the state and local tax deduction to $40,000 for taxpayers making less than $500,000, with the cap reverting to $10,000 after five years.

Data Source : Wikipedia

• Entity:  U.s. Legislation

• Long title:  An Act To Provide For Reconciliation Pursuant To Title Ii Of H. Con. Res. 14.
• Acronyms (colloquial):  Obbba, Obbb, Bbb
• Enacted by:  The 119Th United States Congress
• Public law:  Pub.l. 119–21
• Statutes at Large:  139 Stat. 72
• Acts amended:  Tax Cuts And Jobs Act
• Wikidata description:  2025 United States Budget Reconciliation Law
• Wikidata label:  One Big Beautiful Bill Act
• Wikidata aliases:  One Big Beautiful Bill Act, 2025 Donald Trump Tax Break And Spending Bill, Obbba, Obbb, Reverse Robin Hood Bill, We're All Going To Die Act, Bbb, Big Ugly Bill (Bub), Big, Ugly, Immoral Budget, Big Death Bill, Big Fugly Bill, Big Bullshit Bill, One Big Beautiful Bill, Big Beautiful Bill, To Provide For Reconciliation Pursuant To Title Ii Of H. Con. Res. 14., Act To Provide For Reconciliation Pursuant To Title Ii Of H. Con. Res. 14, An Act To Provide For Reconciliation Pursuant To Title Ii Of H. Con. Res. 14., Debt Slavery Bill