Rep. Moran reacts to Texas House passing ‘Big, Beautiful Bill'
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The 'Big, Beautiful Bill' is a fiscal package bill from Trump with the goal of cutting $1.5 trillion from the the government's budget in an effort to establish different tax laws, overtime pay and more. Moran released this message in statement following the bill's passage in the Texas House.
'With today's passage of the One, Big, Beautiful Bill, House Republicans delivered on the promises we made to the American people,' Moran said. 'This legislation puts working families, small businesses, and rural communities back at the center of our economic future—right where they belong.'
Moran expressed that without the 'Big Beautiful Bill', families would see a major tax increase by 2026. He said families earning the median income of $62,182 would see a 22% increase amounting to $1,142 on their tax bill.
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According to a release from Moran's team, the bill aims to strengthen small businesses by making the 199A small business deduction permanent, which would reportedly produce $750 billion in economic growth and aid 1 million new jobs.
This bill is not just for small businesses, it will also support families, rural America and the boarder economy. Families could see tax relief on car loan interest, overtime pay and tips along with getting an increase on the Child Tax Credit, according to the release.
The release said rural family farms could see growth with expensing for new factories and agricultural improvements. The boarder economy could also see expensing for new factories with more upgrades.Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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