Articles

Select Category

All News

Articles

Briefings & Statements

All Presidential Actions

Executive Orders

Nominations & Appointments

Presidential Memoranda

Proclamations

Fact Sheets

Remarks

President Donald J. Trump’s One Big Beautiful Bill is a generational opportunity to restore America’s economic strength and reward our hardworking citizens. With provisions designed to support the backbone of our nation — families, farmers, job creators, and law enforcement — the One Big Beautiful Bill will deliver meaningful results for Americans across the country.

Everyday Americans joined top lawmakers to detail how the One Big Beautiful Bill will affect their livelihoods:

Toni McAllister, executive director of the Louisiana Loggers Association, says the One Big Beautiful Bill will give small logging businesses a chance to thrive: “It will finally give small businesses like ours a better opportunity to not just survive, but to grow and succeed … This legislation will lower the effective tax rate for producing in America, increase and make permanent the small business deduction, double immediate small business expensing, and reduce reporting burdens for small businesses.”
Paul Danos, CEO of his family-owned offshore energy service company, says the One Big Beautiful Bill is key for American energy dominance: “This bill is a lifeline for American energy and restores the kind of predictably that businesses like ours need to invest and grow.”
Sam Palmeter, an executive at one of the last remaining laser technology companies fully owned and operated in America, says the tax cuts in the One Big Beautiful Bill will give them a chance to expand: “This will immediately allow us to double our manufacturing space … This bill incentivizes us to create new jobs in the U.S. and we are incentivized to manufacture in the USA.”
Sheriff (Ret.) James Stuart, CEO of the Minnesota Sheriffs’ Association, says the One Big Beautiful Bill will deliver needed support for law enforcement: “No Tax on Overtime pay would benefit our protectors all across the country in tremendous ways. The increase in take home pay for these deputies and officers rewards the extra hours and the extra efforts that they devote to protecting their communities, impacting their own lives in significant ways. That is more money in their pockets to save, to invest, and to grow.”

Agricultural leaders outlined how the One Big Beautiful Bill will deliver for America’s farmers, ranchers, and producers.

Michael Hunt, fifth-generation Wisconsin farmer: “The single biggest threat to family farm operations in the United States right now is the Estate Tax limitations. There’s no possible way, with the rising real estate values that are occurring in rural America, for production agriculture to shoulder the cost burden of estate tax when the first generation passes on.”
Ethan Lane of the National Cattlemen’s Beef Association: “That big chunk of the farm bill that’s in this reconciliation bill, including those animal health provisions that we have worked on for so long in the cattle industry, that is a huge win for cattle producers.”
National Pork Producers Council: “These investments and policy extensions offer critical support to agriculture, ensuring stability and long-term growth for farmers, ranchers, and the rural economy.”

The National Association of Manufacturers launched a new ad campaign to highlight what’s at stake if the Trump Tax Cuts aren’t extended in the One Big Beautiful Bill: “If Congress doesn’t act, manufacturers will be hit with the largest tax increase in U.S. history. Six million jobs could be lost — that’s our neighbors, our communities, our futures.”

Secretary of Energy Chris Wright discussed how the One Big Beautiful Bill ENDS the Biden-era Green New Scam: “It’s going to get rid of these subsidies and distortions that have hurt not just our electricity market, but our broader energy markets … The One Big Beautiful Bill — it is big. There are a lot of things in it, but a lot of them are just cleaning out underbrush and nonsense so it’s easier to build things in our country again, remove the distortions from the energy markets, unleash American businesses to build energy productions of all different kinds — but kinds that work, without subsidies.”

Brian Moynihan, CEO of Bank of America, says extending the Trump Tax Cuts in the One Big Beautiful Bill is a top priority for preventing American jobs from being exported to foreign countries: “These tax rates were meant to get the U.S. competitive on taxes on corporations … Remember back to people were exporting business outside the United States for lower tax rate reasons … All that’s been gone for the last seven or eight years, and so we need to make sure these extend or that will start up again.”

The post One Big Beautiful Bill Will Protect American Jobs, Unleash Economic Growth appeared first on The White House.

Articles

Articles – The White House