In its current form, the legislation spans 940 pages and is packed with everything from tax breaks for the wealthy to changes to Medicare. Republican lawmakers on Capitol Hill are working to pass President Trump’s controversial One Big Beautiful Bill Act.

U.S. House of Representatives Speaker Mike Johnson looks at U.S. President Donald Trump signing the sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," to mark Independence Day, at the White House in Washington, D.C., U.S., July 4, 2025.

See the timeline of billionaire Elon Musk's comments about the "Big Beautiful Bill" that fractured his relationship with President Donald Trump.

House Speaker Mike Johnson reveals plans for Trump megabills, with the first coming this fall as Republicans advance their agenda through reconciliation bills without Democratic support.

The new law largely hampers the ability of renewable energy projects to qualify for tax incentives as specified in the Inflation Reduction Act (IRA).

The 'No Tax on Tips' provision, which also applies to overtime pay, is part of President Trump's One Big Beautiful Bill Act. Here's the fine print.

"Come November 2026, they’re gonna have to face the voters, the families of the people whose healthcare they took away."

Fiscal hawks in the House helped hold up passage of Trump's 'big, beautiful bill' on Wednesday — but their resolve wasn't built to last.

Although the tax cuts for the wealthy take effect in 2025 and 2026, the deep cuts to safety-net programs that slash $1 trillion from Medicaid over the next decade won’t start causing pain until

From a golden key to the White House to a bitter public split – how Elon Musk and Donald Trump came to blows on their competing social media platforms

President Trump’s Big Beautiful Bill significantly alters federal student loan programs. It sets strict borrowing limits, reduces deferment options and narrows repayment plans. These changes start in phases from August 2025 through July 2028.