Sun May 25 02:20:00 UTC 2025: Here’s a summary of the text and a rewritten news article:

**Summary:**

The U.S. House of Representatives passed the “One, Big, Beautiful Bill,” championed by Republicans, which aims to extend and expand the 2017 Trump tax cuts. Supporters, particularly Ways and Means Chairman Jason Smith, claim the bill will deliver significant economic benefits to families, workers, farmers, and small businesses, including increased take-home pay, wage growth, job creation, and tax relief. The bill now moves to the Senate for consideration.

**News Article:**

**House Passes “One, Big, Beautiful Bill” Aiming to Boost Economy Through Tax Cuts**

**WASHINGTON, D.C.** – The U.S. House of Representatives has approved the “One, Big, Beautiful Bill,” legislation touted by Republicans as a major economic driver. The bill, which now heads to the Senate, seeks to make permanent the 2017 Trump tax cuts and further expand tax relief measures.

Ways and Means Chairman Jason Smith (R-MO) hailed the bill’s passage, stating it would “deliver lasting tax relief to the American people.” He claimed the legislation would provide families with over $13,000 in increased take-home pay and potentially raise worker wages by more than $11,000. Smith also projected the bill would secure over 7 million jobs in the next four years through incentives for small businesses and domestic investment.

According to a press release from the Ways and Means Committee, the bill includes provisions such as an expanded Child Tax Credit, an enhanced standard deduction, and a doubled death tax exemption for family farmers. Proponents also emphasize the bill would eliminate taxes on tips, overtime, and auto loan interest, in addition to providing tax relief for seniors.

The bill’s supporters argue the legislation will fuel economic growth. A report from the Council of Economic Advisers, cited by the Ways and Means Committee, projects the bill could increase take-home pay for a typical family by up to $13,300 and worker wages by up to $11,600.

The bill’s future now rests with the Senate, where its fate is uncertain. The legislation is expected to face strong opposition from Democrats, setting the stage for a potentially contentious debate.

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