Donald Trump’s ‘Big, Beautiful Bill’ is making waves across Washington as it cleared the Republican-led House by a razor-thin margin. Karoline Leavitt has credited his leadership for uniting various factions of the House GOP behind this comprehensive legislation. What kind of impact could this bill have on small businesses?
Trump’s Legislative Victory Defies Critics
In a significant political triumph, President Donald Trump’s ‘Big, Beautiful Bill’ has passed the Republican-led House with a narrow 215 to 214 vote, defying skeptics who doubted its feasibility. Trump’s press secretary, Karoline Leavitt, celebrated the achievement, declaring him “the greatest closer in American political history” for his ability to unite different factions of the House GOP behind this comprehensive legislation.
The bill represents a landmark achievement, featuring the largest tax cut, border security investment, and deficit reduction in nearly 30 years. “He proved the liberal media and political pundits wrong yet again by uniting all factions of the House GOP,” Leavitt stated, emphasizing Trump’s unparalleled influence in American politics.
House Republicans passed the One Big Beautiful Bill Act last night – the most significant piece of legislation in years.
This could not have happened without the President’s leadership.
President Trump is the greatest closer in the history of presidential politics.
The One,… pic.twitter.com/q92TkS1O5J
— Karoline Leavitt (@PressSec) May 22, 2025
Comprehensive Economic and Security Measures
The ‘Big, Beautiful Bill’ contains numerous provisions designed to boost the American economy and strengthen national security. Key elements include making the Tax Cuts and Jobs Act permanent, eliminating taxes on tips and overtime, and creating incentives for purchasing American-made vehicles.
For small businesses, the legislation makes the Small Business Deduction permanent and provides substantial tax relief for owners. The bill also addresses agricultural needs by modernizing farm bill programs, providing tax relief for small farmers, and ensuring estate tax exemptions for family farms.
7 minutes of reasons to pass the Big Beautiful Bill!
— Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG) May 19, 2025
Senate Consideration and Industry Support
As the bill moves to the Senate, House Republicans are urging minimal changes to preserve the delicate balance achieved in the House. Senate Majority Leader John Thune acknowledged the bill’s significance but noted that the Senate would likely have its input on the legislation.
The bill has garnered support from various industry stakeholders, including the American Farm Bureau Federation, U.S. Chamber of Commerce, and Airlines for America. These organizations have praised the legislation’s provisions for modernizing infrastructure, supporting business growth, and enhancing America’s global competitiveness.
The legislation allocates $12.5 billion for modernizing the Federal Aviation Administration’s infrastructure and addresses critical air traffic control staffing and equipment issues. It also includes measures to secure the southern border with infrastructure and technology investments, representing a comprehensive approach to national security and economic growth.