U.S. Rep. Yakym celebrates passage of “One, Big, Beautiful Bill”

Today, Congressman Rudy Yakym (IN-02) released a statement following the House of Representative’s passage of the “One, Big, Beautiful Bill Act:”

“Our “One, Big, Beautiful Bill” is the most pro-growth, pro-family, pro-worker, and pro-America legislation in a generation,” Rep. Yakym said. “It makes the Trump Tax Cuts permanent, puts more money in Americans’ pockets by eliminating taxes on tips and overtime, and delivers historic relief for working families. It secures the border, backs our law enforcement, unleashes American energy, and cuts wasteful Washington spending. This bill marks the first major step toward fulfilling the promises Republicans made in November and advancing President Trump’s America-First agenda.”

Key Provisions of the “One, Big, Beautiful Bill Act:”

• Extends and expands the 2017 Tax Cuts and Jobs Act
• Prevents the largest tax increase in American history
• Eliminates taxes on tips
• Exempts overtime pay from federal taxes
• Ends taxation of loan interest on American-made vehicles
• Delivers targeted tax relief for seniors
• Makes the Child Tax Credit permanent
• Provides permanent relief from the Death Tax
• Permanently secures the Section 199A small business deduction
• Makes 100% immediate expensing permanent
• Doubles and permanently enshrines small business expensing
• Provides immediate expensing for new U.S. manufacturing and production facilities
• The largest border security investment in history that will permanently secure our borders.
• Lowers Tax Rate for those Producing in the U.S.A.
• Buy an American car and get a Made in America Auto Tax Break.
• Unleashes American energy.
• Mass Deportations of illegal immigrants that entered under Joe Biden.
• Stops deadly Fentanyl from flowing into our communities.
• Gives much needed $10K bonuses to our Border Patrol and ICE agents on the front lines, for the next 4-years.
• Updates our air traffic control system to ensure Americans fly safely and efficiently.
• Invests in American shipbuilding and modernizes our military.
• Protects Medicaid and SNAP for every eligible American by removing waste, fraud, and abuse within these programs.