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Republicans Pass Trump’s ‘Big, Beautiful Bill’ After Extraordinary Week: 5 Takeaways

  • On July 3, the U.S. House of Representatives passed the One Big Beautiful Bill in a 218-214 vote, sending it to President Trump for signature.
  • House Speaker Mike Johnson credited unified government—including White House and Senate support—for enacting Trump’s agenda, while Minority Leader Jeffries delayed the vote with an eight-hour speech starting early morning, reflecting intense partisan tactics.
  • CBO estimates nearly 12 million will lose health coverage, while the bill adds over $3.5 trillion to the debt and imposes an 80-hour work requirement for Medicaid recipients.
  • U.S. Catholic bishops say the bill 'fails the poorest families,' warning of lost healthcare and food insecurity, with Delgado calling large safety-net cuts 'really concerning' at passage.
  • President Trump is expected to sign the bill on July 4; CBO estimates it will add $3.5–4.2 trillion to the debt over a decade, with debt-to-GDP falling to 94% by 2034.
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After weeks of wrangling, Donald Trump has finally scored his biggest domestic win since returning to the White House. On Thursday, Congress finally approved his “Big Beautiful Bill,” a sweeping package of Republican hobbyhorses. From tax cuts to extra money for border security. But all that glitters is not gold.

·Amsterdam, Netherlands
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Forbes broke the news in United States on Thursday, July 3, 2025.
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