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American Politics getty Late in the hours on Saturday, the Senate voted to advance the One Big Beautiful Bill Act, as reported by Forbes. President Trump immediately took to social media to claim victory. While impactful, this bill still has many necessary steps before Trump can sign it into law. This article discusses the current status of this bill in the legislative process and outlines the five key steps that must be taken before it can become a tax law. Just A Bill On Capitol Hill Many can recall the School House of Rock’s famous “I’m Just a Bill” episode, which features an animated piece of paper named Bill who is hanging out on the steps of the U.S. Capitol in an attempt to become a law. Bill outlines the numerous steps it takes for him to go from the House to the Senate before being signed by the President. In many ways, the path of the One Big Beautiful Bill Act is very similar. However, tax legislation has a more specific path. For instance, tax legislation must be introduced into the House Ways and Means Committee. This bill was introduced by Representative Jodey C. Arrington (R-TX-19). Thus, even though it is labeled as the bill to address Trump’s domestic agenda, it is Congress, not the President, who introduces and passes laws. The version of the bill that was introduced to the House of Representatives already reflected many changes from what was introduced by Representative Arrington, and the version that was passed on May 22, was the result of amendments, alterations, and compromises that were made to ensure that it achieved even the narrowest of victories, as I previously discussed in a Forbes article. Like the House of Representatives, the Senate also has an important subcommittee, the Senate Finance Committee,…

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Filed under: News - @ June 30, 2025 3:24 am