On July 4, 2025, President Donald J. Trump formally signed into law the One Big Beautiful Bill Act (OBBB).

A sweeping legislative measure aimed at permanently extending tax reductions that were initially scheduled to expire at the end of 2025, while also providing new targeted deductions designed to support specific sectors of the workforce.

The signing ceremony, held at the White House with members of Congress, business leaders, and workers in attendance, was presented as a celebration of what the administration called “the enduring American work ethic,” with the President emphasizing the need to make tax relief permanent for hardworking Americans. Continue reading…