Here are just a few things:
Tax cuts for individuals and small businesses: The "One Big Beautiful Bill" enacted in July 2025 made permanent the 2017 tax cuts for individuals and doubled the standard deduction, which proponents say benefits working and middle-class families.
No tax on tips or overtime pay: This bill also includes provisions that codify "no tax on tips and no tax on overtime pay," intended to increase workers' take-home earnings.
Expansion of workforce training: A provision of the bill introduces "Workforce Pell Grants," which extend federal need-based education grants to high-skill, high-demand workforce programs, including short-term ones.
Student loan assistance: The bill makes permanent the allowance for employers to offer up to $5,250 in tax-free student loan repayment assistance per year. Starting in the 2026 tax year, this amount will be adjusted for inflation.
Employer-provided child care credit: Starting in the 2026 tax year, the bill increases the tax credit for employers who provide child care for their employees.
Caption this Meme
