Washington, D.C. - July 3, 2025 - The U.S. House of Representatives approved the "One Big Beautiful Bill" (OBBBA), a tax and spending package backed by President Donald Trump.
The bill extends key provisions of the 2017 Tax Cuts and Jobs Act. It aims to cut non-military government spending and reduce funding for SNAP and Medicaid.
The House vote was 218-214, highlighting divisions within the Republican Party. The bill now goes to the Senate, where it faces potential revisions.