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Moments ago, the Senate passed Republicans’ multi-trillion-dollar reconciliation package, known as the One Big Beautiful Bill Act (H.R. 1), by a vote of 51-50, with Vice President J.D. Vance casting a tie-breaking vote in favor of passage.
Sens. Susan Collins (R-ME), Rand Paul (R-KY), and Thom Tillis (R-NC) joined all Democrats in opposition to the bill. The vote on final passage followed votes on the adoption of a perfecting amendment (see attached) making final adjustments to the Senate’s tax and spending proposals and the adoption of a substitute amendment to the House-passed bill.
The Tuesday morning vote series followed an overnight vote-a-rama on the bill which featured a record number of votes on amendments and motions. During the vote-a-rama, Senators adopted three Republican-led amendments including an amendment from Sen. Joni Ernst (R-IA) on unemployment compensation, an amendment from Sen. John Kennedy (R-LA) on Medicaid eligibility verification, and an amendment from Sen. Marsha Blackburn (R-TN) to strike a moratorium on state regulation of AI. The Senate rejected over forty Democratic-led amendments and motions along party lines during the vote-a-rama.
What’s Next? The House Rules Committee is expected to convene as early as Tuesday afternoon to consider a rule providing for House floor consideration of the Senate-passed reconciliation package. The House may vote to concur in the Senate amendment to H.R. 1 as early as Wednesday morning.
Take Action Now by Asking your Representative to Vote For the OBBB as it is Passed by the Senate.
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The need for fact-based reporting of issues important to family owned businesses and protecting a lifetime of savings has never been greater. Now more than ever, successful families and family owned businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to family owned businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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