[Congressional Record Volume 171, Number 110 (Thursday, June 26, 2025)]
[House]
[Page H2975]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                BENEFITS OF THE ONE BIG, BEAUTIFUL BILL

  (Mr. Rose of Tennessee was recognized to address the House for 5 
minutes.)
  Mr. ROSE. Mr. Speaker, the House Ways and Means Committee has run the 
numbers for the American people. They all point to this fact: The One 
Big Beautiful Bill Act is good for this Nation, good for everyday 
Americans, and certainly good for the men and women I represent in 
Tennessee.
  Here are the numbers. The bill, which this body passed and which I 
was proud to vote for, some experts say could produce an annual GDP 
growth rate of more than 5 percent in the next 4 years, with longer 
term annual growth reaching 3.5 percent.
  The bill is also set to preserve between 6 and 7 million 
manufacturing jobs nationally. That would impact a whole lot of 
families. In my district alone, this bill protects 12,000 manufacturing 
jobs, more than $1.1 billion in wages, and more than $2.2 billion in 
economic growth. I urge my colleagues in the Senate to pass this bill 
without delay.
  Mr. Speaker, the One Big Beautiful Bill Act is about restoring 
fairness and awarding work, and it begins with Americans' taxes.
  In Tennessee, the bill we passed here in the House would put an 
average of $11,700 more in the pockets of a family of four every year. 
Under this bill, everyday Americans will see lower income tax rates, a 
larger standard deduction, and an expanded child tax credit. That means 
more take-home pay, more money for groceries, gas, and healthcare. 
Filing will be simpler. Refunds will be bigger.
  This bill doesn't just cut taxes. It makes them fairer. It puts 
kitchen-table concerns at the center of policy and shifts the balance 
back toward the middle class. With the One Big Beautiful Bill Act, we 
are saying yes to opportunity, yes to working families, and yes to an 
economy that grows from the bottom up.
  Mr. Speaker, it would be hard for me to count the number of job 
creators I have met in Tennessee's Sixth Congressional District since I 
came to Congress in 2019, but I can tell you that nearly all of them 
emphasized to me the need for tax certainty and for tax and regulatory 
relief.
  The One Big Beautiful Bill Act includes something called R&D 
reprieves. That sounds like jargon to most people, but if a piece of 
equipment is the only thing separating you from expanding your business 
or hiring more employees, you know the term well.
  Research and development tax credits have been the lifeblood of 
growth for small businesses and for our Nation's economy for several 
years. Estimates tell us that the immediate expensing for R&D will 
accelerate more than $20 billion in investment. I have seen this 
firsthand in my own small business that I continue to operate. This 
bill is further proof of promises made, promises kept, and I was proud 
to support the One Big Beautiful Bill Act.
  Mr. Speaker, the men and women who put a badge on every morning, 
every afternoon, every evening want to leave the world better than they 
found it. Yet we civilians don't fully appreciate just how much time 
they spend away from their families to protect ours. They stay late 
writing reports or working events. They are often required to testify 
in court on their days off to ensure the conviction of a suspect they 
have arrested. That time, overtime, is needed to truly serve their 
communities. They do it without complaint.
  They do receive extra pay, of course, for their overtime, yet that 
often comes with the burden of extra income taxes. It puts many of our 
law enforcement officers in a tax bracket that costs them more money.
  Fortunately, it is not about the money for most of our men and women 
in uniform. Fortunately, the One Big Beautiful Bill Act ensures that 
our brave law enforcement officers won't be taxed on their overtime 
pay.

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