Mr. Speaker, on July Fourth, President Trump signed the One Big Beautiful Bill Act into law. This historic legislation delivered the largest tax cuts to working-and middle-class Americans in U.S. history and will revitalize rural America. The One Big Beautiful Bill Act made permanent the 199A small business tax credit, providing certainty to small businesses and ensuring Main Street can thrive. This legislation also saves 2 million family farms, including over 6,800 family farms in my district, from facing a death tax increase. This will protect the generational transfer of family farms. This bill also cuts down on the waste, fraud, and abuse in our Federal agencies that have made it harder and more expensive for our American people. This bill is a win for our farmers, small businesses, and Americans in every income bracket.
Jim Baird: “Mr. Speaker, on July Fourth, President Trump signed the One Big Beautiful Bill Act into law. This historic legislation…”
Editor's note · Context
Discussing the One Big Beautiful Bill Act and its impact on tax cuts and rural America.
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