First on FOX: An internal house GOP memo sent to Republican lawmakers and obtained by Fox News highlights the party's important achievements in President Donald Trump's “big, beautiful bill.”
House Republicans passed all 1,118 pages of Trump's “One Big, Beautiful Bill” on Thursday morning, with hours of committee meetings, last-minute secret conversations in speakers' offices, and even a last-minute push from the president.
Finally, late Wednesday night, House leaders found a consensus among key factions in the Republican Caucus. The late-night “Manager Amendment” ditched Republican holdouts, including the Finance Hawks hoping to reform Medicaid and former President Joe Biden's green energy subsidies, as well as Blue State Republicans seeking to raise the limits on state and local tax (salt) credits.
The bill is a multi-billion dollar sweeping law that promotes Trump's agenda on taxes, immigration, energy, defense, and government bonds. It aims to reduce federal spending trajectories by cutting around $1.5 trillion in government spending. The US government is in debt over $36 trillion, spending $1.05 trillion more than it was collected in fiscal year 2025, according to the Treasury.
The bill will raise the debt cap by $4 trillion.
Mike Johnson, Donald Trump wins “big” and beautiful” as budget passes through the house
House Speaker Mike Johnson, the Center, celebrated President Donald Trump's “Big Beautiful Bill” president on Thursday. (Photo: Andrew Harnik/Getty Images)
The Internal House Republican memo, shared with Fox News Digital, summarizes the Republican major legislative achievements.
The bill cuts the deficit by $238 billion through the Agriculture Commission and secures $294 billion through benefits reforms in the Supplemental Nutrition Assistance Program (SNAP); according to the memo. Reinvest your $56 billion SNAP benefits savings.
House GOP leadership wins a victory lap after handing over Trump's “one big, beautiful bill”
Republicans say SNAP reforms will restore its integrity by asking states to pay a greater share of their profits and encouraging more national efficiency. Create snap work requirements for healthy adults who need state legislative approval to increase their registration eligibility and do not have young dependents.
The Armed Services Commission has increased defense spending almost $143 billion thanks to improved quality of life, health care and family support for service members. There are billions of dollars allocated to building military arsenals, advance technology and infrastructure, and expanding military readiness.
House Speaker Mike Johnson, the Center, and House Republicans celebrated President Donald Trump's “big, beautiful bill” on Thursday. (Getty Images)
The bill allocates $34 billion for shipbuilding, $5 billion for border enforcement, $400 million for the Department of Defense and $25 billion for Trump's Golden Dome. This is a layered missile defense shield.
It cut the deficit by $349.1 billion through the Education Workforce Committee, streamlining student loan payment options, supporting students and saving taxpayer money.
Specifically, the invoice caps the total amount of federal student aid that students can receive annually to the median university median. That's $50,000 for undergraduates, $100,000 for graduate students, and $150,000 for professional graduate programs. There is also a $200,000 “lifetime limit.”
The Education Workforce Committee has integrated student loans into two plans: a fixed mortgage style plan or a repayment support plan.
US Education Headquarters Building in Washington, DC (J. David Ake/Getty Images)
It also establishes a performance-based commitment grant program and prevents future attempts in the loan waiver program that the Biden administration has defended and reformed the PelGrant program.
The Energy and Commerce Committee, which had a long accommodation budget markup last week, includes a series of Medicaid reforms Democrats opposed as conservatives are seeking more cuts. The bill establishes work requirements for healthy adults without dependents, requires state cost sharing for adults above the poverty line, removes illegal immigrants from registration and cuts state funds for states that prioritize compensation for illegal immigrants.
The “Large and Beautiful Bill” Financial Services Commission includes reforms to save taxpayers money and reduce federal bureaucracy. Meanwhile, the Homeland Security Committee will increase spending to just over $79 billion to expand border security, while the Judiciary Committee will increase spending by about $7 billion to stop illegal immigration.
The Energy and Commerce Committee provided one of Trump's major campaign promises to unleash American energy by removing Biden-era green energy projects, including supporting domestic energy production and eliminating orders for electric vehicles.
Democrats predict that they will pass Trump's “big and beautiful bill.”
On Tuesday, May 13, 2025, protesters calling for the preservation of Medicaid funding will be removed from the House of Commons Energy and Commercial Markup in Rayburnville's 201025 Budget Resolution. (Tom Williams/CQ-Roll Call, Inc, Getty Images)
The Natural Resources Commission will reduce the deficit by $18 billion and provide Trump's energy agenda. The bill will revive quarterly oil and gas lease sales, require geothermal lease sales, require at least 30 lease sales in the newly renamed US Gulf over the next 15 years, and require six at Cook Inlet in southern Alaska.
It returned the royalty rates of oil and natural gas before Biden's inflation reduction law, resumed leasing energy production at Alaska's National Oil Reserve and Arctic National Wildlife Shelter, resumed coal leases on federal land, increased timber sales and long-term contracts on federal land, and returned to federal land allocated to climate change.
The bill includes an amendment by the Oversight Board that will cut $12 billion by eliminating pension payments for new federal retirees eligible to retire before the age of 62.
Trump's “big and beautiful building” passes the keyhouse hurdle after GOP Rebel Mutiny
President Donald Trump, Speaker Mike Johnson, R-la's House Speaker, will speak with reporters after the House Republican Conference on the Budget Settlement Bill at the U.S. Capitol on Tuesday, May 20, 2025. (Tom Williams/CQ-Roll Call, Inc, Getty Images)
Finally, the Ways and Means Committee delivers Trump's campaign promises, including making the 2017 tax cuts permanent, preventing a 22% tax cut, and providing tips, overtime salaries, no tax on car loan interest, and more. It also offers additional tax cuts to seniors. The bill will raise university contribution taxes and provide subjects with the largest donation of corporate tax rates.
As advertised in the House GOP memo, the bill prevents taxpayer interests from going to illegal immigrants by requiring a Social Security number from individuals claiming tax credits and deductions, ends Obamacare Premium tax credits and Medicare's eligibility for illegal immigrants, and applies new remittance payment fees for illegal immigrants.
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One big beautiful bill law passed in the US House of Representatives 215-214. All Democrats and two Republicans, Rep. Thomas Massey, R-KY. and R-Ohio's Warren Davidson voted against it. House Freedom Caucus Chair Andy Harris, R-Md. voted “Current.”
The Senate is now tasked with handing over its own version of the bill before landing on Trump's desk. Republican leaders are keeping an eye on the July 4 deadline, but there is a good chance that sparks will fly in the Senate before Trump claims legislative victory.
