

It’s taken me a few weeks to dig through, but I’m finally ready to share my summary breakdown of the “One Big Beautiful Bill Act” (OBBBA) tax legislation that was passed on a party-line vote by Republicans in Congress and signed by President Trump on July 4th, 2025. My goal was to make this the most thorough, yet concise summary overview of the OBBBA out there, so I split it up into 5 easy-to-follow categories: the previous tax cuts that were extended, new temporary tax cuts that were created, additional new funding, previous funding that was cut, and the impact
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