The Biggest Conservative Victory in 30 Years

Hot Air ^ | July 12, 2025 | Stephen Moore

[T Ruth]

Everyone knows that the "big, beautiful" tax bill signed into law on the Fourth of July lowers tax burdens for families and businesses. It also averts a $4 trillion tax increase [that would have started] next year. That's enough reason to heartily celebrate.

… Here is a list of some of the major policy victories:

The law is the most aggressive federal advancement of school choice by allowing low-income parents to direct education dollars to private, charter or Catholic schools that are better for their kids.

The law also expands eligibility for personalized medical savings accounts instead of conventional insurance. ...

The law increases mining and drilling on federal lands to increase access to America's natural resource supplies to end our dependence on the Middle East or China or Russia.

The law formally ends the absurd Biden student loan forgiveness program ….

The law ends the electric vehicle mandate and phases out the Green New Deal, thus allowing Americans to buy whatever car they want.

The law expands opportunity zones and extends tax benefits for investing in inner cities and economically depressed rural areas. ...

The law increases the tax to 8% on the near-trillion dollars of bloated university endowments -- money that was never taxed. ...

The law strengthens work requirements for Medicaid and food stamp recipients. History shows that work requirements end welfare dependency.

The new law authorizes the sale of expanded spectrum to strengthen rural broadband, secure America's technological dominance and reduce the national debt by nearly $100 billion.

There's much more to shout about, but these are some of the greatest hits in a big and beautiful bill that advances America's freedom and prosperity. ...

[laplata]

Thanks for posting this.

[Jim W N]

The law is the most aggressive federal advancement of school choice by allowing low-income parents to direct education dollars to private, charter or Catholic schools that are better for their kids.
- BETTER: ABOLISH unconstitutional federal interference with education.

The law also expands eligibility for personalized medical savings accounts instead of conventional insurance. ...
- BETTER: ABOLISH unconstitutional federal interference with healthcare.

The law increases mining and drilling on federal lands to increase access to America’s natural resource supplies to end our dependence on the Middle East or China or Russia.
- BETTER: ABOLISH unconstitutional federal land grabs within date boundaries.

[shanover]

If Congress doesn’t codify all of this, it’s into the trash can when President Newsom becomes president and AOC is Speaker.

[Dilbert San Diego]

I’m confused. Are these policy changes in the big, beautiful bill? Because if they are , then Congress has codified, these changes.

And then a president Gavin Newsom and speaker AOC would have to pass legislation to undo these changes.

And this is where the Senate filibuster would become our friend. If we have a Democrat president and Democrat House of Reps, then the Senate filibuster could keep them from unraveling this law.

[thinden]

The law increases the tax to 8% on the near-trillion dollars of bloated university endowments — money that was never taxed. ...

xxxxxxxxxxxxxxxxx

that’s huge: $80 billion/year in fresh money

[Frank Drebin]

President Newsom...good one. I needed that.

[vikingd00d]

>>If we have a Democrat president and Democrat House of Reps, then the Senate filibuster could keep them from unraveling this law.

The GOPe doesn’t filibuster; it isn’t cricket.

[GOPJ]

The law ends the electric vehicle mandate and phases out the Green New Deal, thus allowing Americans to buy whatever car they want.

The law expands opportunity zones and extends tax benefits for investing in inner cities and economically depressed rural areas. ...

The law increases the tax to 8% on the near-trillion dollars of bloated university endowments -- money that was never taxed. ...

The law strengthens work requirements for Medicaid and food stamp recipients. History shows that work requirements end welfare dependency.

We're going to have a wealthy, healthy, sane, safe country... Trump is keeping his word.

[Bob Wills is still the king]

There’s nothing “conservative” about a spending bill that adds $4 trillion to the national debt.

[Bob Wills is still the king]

“The law increases the tax to 8% on the near-trillion dollars of bloated university endowments — money that was never taxed. ...

xxxxxxxxxxxxxxxxx

that’s huge: $80 billion/year in fresh money”
____________________________________________________________

As long as the endowments of universities are under review, how about the endowments for religious and political groups?

[thinden]

Might as well. Starting at the vatican??

[T Ruth]

My understanding is that President Trump and Speaker Johnson have planned a legislative package as a pragmatic way to get the legislation passed. First the OBBB, then a series of rescission bills that un-do particular items of spending. An example is H.R. 4 - Rescissions Act of 2025. This bill, proposed by President Trump on June 3, 2025, seeks to rescind $9.4 billion in unobligated funds previously appropriated by Congress. It was passed by the House of Representatives on June 12, 2025, with a vote of 214 to 212 and is now under consideration in the Senate, with a deadline for action by July 18, 2025, under the Congressional Budget and Impoundment Control Act of 1974.

Supposedly there will be more such bills, so if you consider the legislative program as a whole, it is supposed to reduce the deficit.

We will see if it can be accomplished.

In the Senate, the bill is eligible for expedited consideration, requiring only a simple majority (51 votes) rather than the usual 60-vote threshold to avoid a filibuster. The Senate has until July 18, 2025, to act, or the funds must be released for obligation.

So, call your senator and tell him to vote for the senate version of H.R. 4 - Rescissions Act of 2025.