Hi Friend-
Early today, the House passed President Trump’s One Big Beautiful Bill making the Trump Tax Cuts permanent and delivering additional tax relief for seniors and middle class families.
As a member of the House Ways and Means Committee, I’m proud of the work that went into passing this vital investment in the future of our country. Now, the Senate needs to act quickly and send this historic legislation to President Trump for his signature.
Here’s a rundown of the key steps we took to enact President Trump’s agenda:
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Increase SALT and the Standard Deduction
Quadruples the State and Local Tax (SALT) deduction to $40,000 and raises the Standard Deduction to $16,300 for individuals and $32,600 for married couples building on the 2017 Tax Cuts and Jobs Act, which originally doubled the standard deduction.
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Tax Relief for Seniors
Includes my legislation to provide a bonus deduction for seniors on Social Security—$4,000 for individuals earning up to $75,000 and $8,000 for married couples earning up to $150,000.
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Tax Relief for Middle Class Families
Fulfills President Trump's commitment to eliminate taxes on tips and overtime, stops the return of the Alternative Minimum Tax that crushed middle-income families, makes the 2017 tax cuts permanent, and allows Americans to fully deduct auto loan interest on American-made vehicles.
The Big Beautiful Bill also makes adoption tax credits more accessible, expands 529 education savings accounts, supports scholarships and school choice, expands the Child Tax Credit to $2,500, and improves access to child care. The bill also includes my legislation to extend tax-free employer reimbursement for students and college graduates.
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Protecting and Strengthening Medicaid
Safeguards New York’s most vulnerable Medicaid population by preserving the 50% federal reimbursement match, prevents illegal immigrants from receiving Medicaid benefits, eliminates PBM's abusive use of spread pricing in Medicaid, and cracks down on fraudsters by targeting waste, fraud, and abuse.
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Keeps Our Borders Secure
Provides funding for the detention and deportation of criminal illegal immigrants, hires 10,000 new Border Patrol agents, constructs new border barriers and enforces the Remain in Mexico policy.
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Revolutionizes Our National Security
Provides $12.5 billion to modernize our air traffic control system at Newark Airport and other facilities, funds the Golden Dome to help protect our homeland, invests in American shipbuilding to strengthen our naval fleet, and upgrades to our military to meet 21st-century threats.
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Unleashes American Energy
Increases and strengthens domestic energy production and security. Saves billions in taxpayer money by rescinding wasteful spending from the Joe Biden’s Inflation Reduction Act.
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On behalf of President Trump, I want to thank you for the support you gave us as we passed this historic legislation.
Please have a safe and healthy Memorial Day holiday with your family.
Sincerely,
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Nicole Malliotakis
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PAID FOR BY NICOLE FOR NEW YORK (FEDERAL)
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