WASHINGTON – Sen. Chuck Grassley (R-Iowa) today voted to pass the One Big Beautiful Bill Act to protect Iowans from being hit with the largest tax increase in history and provide historic investments in border security and law enforcement. The legislation will now receive a vote in the House of Representatives before heading to President Trump’s desk to be signed into law.
“In November, Americans gave President Trump a mandate to fix the economy and secure the border. The One Big Beautiful Bill Act delivers a resounding victory for the American people, enacting the America First policies that President Trump and congressional Republicans promised. Together, we’re preventing the largest tax increase in the history of our country and giving relief to the small businesses that are the backbone of our economy. As a lifelong family farmer, I’m proud our bill will also deliver a modernized farm safety net that gives Iowa farmers the certainty they need,” Grassley said.
“As Chairman of the Senate Judiciary Committee, I oversaw the bill’s measures to make monumental investments in our immigration system, border security and law enforcement. The One Big Beautiful Bill Act will provide safety and prosperity for American families for generations, and I urge my colleagues in the House to quickly get this bill to the President’s desk,” Grassley continued.
Background:
This legislation prevents a more than $4 trillion tax hike on American families and workers by making the 2017 Trump tax cuts permanent, ahead of their previously projected expiration on December 31, 2025. Moreover, it further reduces their taxes by increasing the child tax credit, eliminating taxes on tips and overtime and providing additional tax relief to seniors.
It also updates the farm safety net to provide family farmers certainty, so they can continue producing crops to feed and fuel America and the world.
The legislation includes many additional wins for Iowa, such as an extension and reforms to the Clean Fuels Production Tax Credit that puts farmers first by eliminating subsidies for foreign feedstocks. It also provides relief to help small biodiesel plants in Iowa get back up and running. Grassley secured an important victory for the wind and solar industries by getting the creation of a punitive new tax on wind and solar stricken from the bill.
In his capacity as Judiciary Chairman, Grassley spearheaded large portions of the legislation that strengthen America’s border security and immigration system and support law enforcement.
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