President Donald Trump celebrated a significant legislative victory at his rally in Iowa on Thursday. He proudly announced the passage of the "One Big, Beautiful Bill," which Congress approved just hours before his July 4 deadline. This bill represents a major achievement for Trump as he seeks to fulfill key promises from his 2024 campaign.
During the rally, Trump emphasized the importance of the bill, calling it a perfect birthday gift for America. He stated, "In the last election, the people gave us a historic mandate to cut taxes, raise take-home pay, bring back jobs, stop the invasion … deport the illegals, and slash hundreds of billions of dollars of waste and fraud, and that’s what we’re doing.” He highlighted that the bill fulfilled every major promise he made to Iowans.
The House of Representatives passed the nearly 900-page bill in a narrow 218-214 vote, following a tense night of lobbying by Trump and House Speaker Mike Johnson. The Senate had previously approved the bill with a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote.
Key features of the legislation include a $150 billion boost for border security and deportation efforts, an equal amount for defense spending, and funding for a new missile protection system across the country. The bill also aims to promote fossil fuel production while eliminating tax breaks for green energy initiatives. Additionally, it introduces stricter rules for Medicaid recipients and work requirements.
Trump reiterated his commitment to making the tax cuts permanent, stating there would be no taxes on tips, overtime, or Social Security for seniors. He claimed the bill would significantly increase take-home pay for families and rescue over two million family farms from the estate tax, often referred to as the death tax.
The president is set to sign the bill at a ceremony on Independence Day, where he will be joined by key Republican leaders. Trump concluded his remarks by asserting that the "One Big, Beautiful Bill" would ensure America remains the strongest country in the world, boasting the best economy and military.
This legislative win marks a pivotal moment for Trump as he seeks to solidify his agenda and rally support for his upcoming campaign.