Bean Applauds Passage of Bill to Uplift and Empower Northeast Floridians

WASHINGTON—Member of the House Ways and Means Committee, U.S. Congressman Aaron Bean (FL-04) released the following statement after the House voted on the final passage of H.R. 1, the One Big Beautiful Bill Act. 

Upon final passage, Congressman Bean said: “Hardworking taxpayers deserve a government that works for you, and the One Big Beautiful Bill ensures you can keep more of what you earn. We are locking in permanent tax cuts and protecting the financial strength of Northeast Florida’s families, businesses, and seniors. But its impact goes far beyond our region—it’s a blueprint for restoring prosperity across the nation. This Independence Day, America will celebrate not only its founding, but its future.”

KEY BACKGROUND 

Major Wins in the One Big Beautiful Bill: 

• The typical family will get up to $10,900 in additional take-home pay.
• Workers will see increased wages up to $7,200.
• Households earning less than $ 100,000 get at least a 12 percent tax cut compared to today. People who make over $1 million annually, will pay a greater share of the tax burden than they do now.
• Up to 7.2 million jobs protected and created, and 1 million new jobs annually by small businesses.
• No tax on tips, overtime pay, car loan interest, and tax relief for seniors will put more money annually in Americans’ pockets, specifically $1,300 per tipped worker, and up to $1,400 for hourly workers.
• Locks in and further boosts the doubled Child Tax Credit to $2,200 for more than 40 million American families.
• Locks in and further boosts the doubled Standard Deduction, increasing it to $31,500 for families.
• Expands 529 education savings accounts to empower American families and students to choose the education that best fits their needs, whether it is K-12 materials or obtaining a postsecondary trades credential.
• Supports working families and small businesses by expanding access to the childcare credit and making permanent the paid leave tax credit. Enhances the Adoption tax credit and indexes it for inflation to help more families experience the joy of adoption, and grows the child and dependent care credit as well as FSAs.
• Puts American families in control of their health care by expanding health savings accounts.
• Eliminates fraud and waste in Obamacare and blocks access to taxpayer-funded health benefits for illegal immigrants.
• Starts building financial security for America’s children at birth with the creation of new Trump savings accounts.

The legislation passed 218 to 214, underscoring House Republicans’ steady push to deliver economic freedom for everyday Americans, families, seniors, and small business owners.

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