President Trump's One, Big, Beautiful Bill Embodies What Americans Voted For
President Donald J. Trump signed the historic "One, Big, Beautiful Bill" into law July 4.
According to Matt Mercer, Communications Director of the North Carolina GOP:
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- This bill embodies what President Trump ran on and what the American people voted for.
- Every single Democrat in the House and Senate voted against the One, Big, Beautiful Bill.
The bill delivers:
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- The largest tax cut in American history.
- A 15% tax cut for working Americans.
- Roughly $10,000 more take-home pay for working Americans.
- A child tax credit of up to $2,200 per child for more than 40 million families.
- No Tax on Tips, saving millions of workers nearly $2,000 a year.
- Tax cuts for the average overtime worker by up to $1,750 a year.
- Lower Taxes for seniors on Social Security.
- What's more, the bill:
- Modernizes the nation’s air traffic control system.
- Eliminates special tax breaks for billionaire sports team owners.
- Reduces the deficit by as much as $11.1 trillion.
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