‘Big, Beautiful’ Bill: What this means for your taxes | LiveNOW from FOX

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In a high-stakes showdown on Capitol Hill, Congress is bracing for a marathon debate over President Trump’s controversial “Big, Beautiful” Bill, which could reshape the tax landscape for millions of Americans. As lawmakers huddle late into the night—pizza boxes stacked high—tensions rise amid a critical vote that could either propel or derail this monumental legislation.

Currently in a holding pattern, the House is poised to deliberate on the bill, but GOP leaders face a daunting challenge: uniting a fractured party. Some Republicans are voicing strong objections to proposed cuts to Medicaid and SNAP programs, while others argue the bill doesn’t go far enough in slashing spending. “We can’t make everyone happy,” one GOP leader stated, underscoring the intense pressure to deliver results.

Democrats are leveraging every tool at their disposal to delay proceedings, raising concerns that the vote may be pushed to Thursday. Meanwhile, tax policy experts are dissecting the bill’s potential impacts, highlighting provisions like the elimination of taxes on tips and overtime pay, which could significantly benefit working-class families.

With provisions retroactive to January 1, taxpayers could see immediate relief, but uncertainty looms as the clock ticks down. If passed, the bill promises deductions for seniors and incentives for American-made purchases, but the path to bipartisan support remains rocky.

As the night unfolds, all eyes are on Capitol Hill. Will the “Big, Beautiful” Bill pass before the Fourth of July, or will it crumble under the weight of political discord? The stakes couldn’t be higher—stay tuned for live updates as this story develops.

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