On July 3, House Republicans helped President Donald Trump secure a major victory for the American people by passing The One, Big, Beautiful Bill and sending it to the president’s desk. As Chairman of the Ways and Means Committee, I am proud to have led the effort on writing the tax provisions in this bill, which is the largest middle- and working-class tax cut in American history. The bill also includes both the largest cut in mandatory spending – $1.5 trillion – and biggest investment in border security in our nation’s history. This landmark legislation would not have gotten across the finish line without President Trump. Thanks to him, we are now entering a new Golden Age in America.

The One, Big, Beautiful Bill builds on the foundation of the 2017 Trump tax cuts, the success of which cannot be overstated. In the years following passage of that tax relief, the United States’ economic growth far exceeded expectations. The bottom 20 percent of earners saw their federal tax rate fall to its lowest level in 40 years; wages grew at the fastest rate in 20 years; household income rose by $5,000; and the poverty level dropped to its lowest level in recorded history. The One, Big, Beautiful Bill builds on that success and provides additional relief by expanding the child tax credit for 40 million families and increasing the guaranteed standard deduction, which 91 percent of taxpayers use when filing their taxes. For the average American family, this means up to an additional $10,900 in take-home pay.

Republicans also delivered on President Trump’s promises that 77 million Americans voted for. That includes no tax on tips, no tax on overtime, and no tax on car loan interest, as well as tax relief for seniors. This will make a significant difference in the lives of millions of Americans. A waitress working at a local diner will get an additional $1,300 in her pocket. The lineman helping restore power after severe storms will pay ZERO income taxes on his hard-earned overtime wages – putting upwards of $1,400 in additional money in his pocket. And middle-class retirees on Social Security will pay ZERO taxes on their benefits. 

The One, Big, Beautiful Bill will also have a major impact on the men and women who drive our rural communities: farmers, ranchers, and small businesses. It increases the doubled Death Tax exemption and makes it and the small business deduction permanent. It extends 100% immediate expensing, doubles small business expensing – one-fifth of which is utilized by the American agriculture industry – and provides for immediate expensing for new buildings and other structures used in agriculture and farming. All told, the bill is projected to lower taxes on farmers by more than $10 billion.

This bill is also for rural communities like my hometown of Salem, where the factories that I would drive by as a young kid are now shuttered and the good-paying jobs they provided were shipped overseas. This bill will help strengthen jobs and opportunity in small towns by rewarding companies that manufacture and hire more Americans here at home. It secures up to 7.2 million jobs and will create an additional 1 million small business jobs annually, which will help end the decline and hollowing out of rural communities across southeast and south-central Missouri.

The One, Big, Beautiful Bill is a huge victory for the millions of Americans who were left behind when Washington Democrats were in control of Washington. It’s for the hardworking folks who don’t have lobbyists in D.C. It’s for the farmers, truck drivers, welders, waitresses, and nurses pulling double shifts. It’s for the people who work hard, play by the rules, and ask for nothing more than a fair shot and a government that works for them, not against them. It restores sanity in a town that’s lost it, cuts waste, and reins in reckless spending. It demands that if you’re able to work, you should. And it stops asking working families to foot the bill for Washington’s bad decisions.

I cannot overstate just how significant and positive an impact this bill will have on farmers, workers, small businesses, and families across southeast and south-central Missouri. But my fight to deliver for the hardworking folks who sent me to Washington is far from over. I will continue working around the clock to advance the solutions we need to make our rural communities an even better place to live, work, and raise a family.