What's Next for One Big Beautiful Bill
Last week, the last three major committees, Agriculture, Energy & Commerce, and the Ways and Means Committee where I sit, burned the midnight oil to deliver their portions of the One, Big, Beautiful Bill to help our farmers, families, and small businesses. The Ways and Means Committee marked up the tax portion of the bill for eighteen hours and I am proud of the final product. We made Trump's 2017 tax cuts permanent. We made the 199A small business deduction permanent and expanded it. We doubled the Death Tax Exemption, helping the nearly 30,000 farms across the 7th District pass down their life's work to the next generation. We expanded the Child Tax Credit to support the over 74,000 families in western Minnesota. And we accomplished so much more.
Late last night, the House Budget Committee combined all of the submissions into One, Big, Beautiful Bill. And, on Wednesday at 1:00 AM, I will sit down with my colleagues in the Rules Committee to debate the legislation before we bring it to the floor for a vote. It's an exciting week and I am eager to deliver on our promises to the American people. |