No tax on tips or overtime, with a catch: What to know as Trump’s ‘big, beautiful bill’ passes the Senate

Tax write-offs included in the massive bill would deliver on promises Trump made on the campaign trail—but only for a few years.

On Tuesday, the Senate narrowly passed President Donald Trump’s One Big Beautiful Bill Act with a 50-50 vote—with Vice President JD Vance breaking the tie—to get the legislation across the finish line after an all-night session. The bill now goes back to the House of Representatives for a final vote, as the GOP races to finish passage of the bill before the upcoming July 4 holiday weekend.