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No tax on tips or overtime, with a catch: What to know as Trump’s ‘big, beautiful bill’ passes the Senate

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yesterday

On Tuesday, the Senate narrowly passed President Donald Trump’s One Big Beautiful Bill Act with a 50-50 vote—with Vice President JD Vance breaking the tie—to get the legislation across the finish line after an all-night session. The bill now goes back to the House of Representatives for a final vote, as the GOP races to finish passage of the bill before the upcoming July 4 holiday weekend.

Tucked away among the 940 pages of the massive bill are an array of new tax write-offs. Many of the exemptions are promises Trump made on the campaign trail when he was running for a second term.

One of them, which was first introduced to the Senate in January as the........

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