Headed to President Trump's desk: The One Big Beautiful Bill

July 2, 2025
Newsletters
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Dear Friend,      

Today, I voted to send the One Big Beautiful Bill to President Trump’s desk. This is a defining moment for our country. This bill turns the page on four years of weakness, disorder, and runaway federal spending—and begins a new chapter for America.  

This legislative package is a game-changer for hardworking families, farmers, and energy producers across the country—especially here in North Dakota. It prevents the largest tax increase in U.S. history and delivers permanent tax relief, begins to rein in Washington’s spending, makes historic investments in border security and national defense, and restores the kind of common-sense priorities North Dakotans live by every day.  

The bill delivers meaningful spending cuts while taking major steps to create a pro-business environment. It’s a pro-growth package that will stimulate investment, increase revenues, and help bring down our national deficit. Addressing our nation’s out-of-control spending is a top priority and we must do more. This bill puts us on stronger financial footing by pairing significant spending reforms with policies that help the American economy thrive. 

In this newsletter, you’ll find updates on what the One Big Beautiful Bill includes so you can begin to understand how it can benefit North Dakotans like you. I always appreciate hearing from you, so reach out anytime to share your thoughts. 

My Best, 

JF Signature

P.S. For more frequent updates, please sign up for my press releases and subscribe here for my monthly newsletter. I'll be holding my next Fedorchak Forum soon, sign up to receive information here.   

 

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  • Permanently extends 2017 Tax Cuts and Jobs Act, the largest tax decrease in history. 

  • Prevents $1,600 tax hike for an average North Dakota family of four. 

  • Increases the Child Tax Credit to $2,200. 

  • Provides a new $6,000 tax deduction for seniors receiving Social Security benefits making less than $75,000 individually or $150,000 per couple, resulting in zero taxes for 88% of seniors receiving benefits. 

  • Creates savings accounts for newborns. 

  • Enhances the Adoption Tax Credit. 

  • Expands 529 savings accounts. 

 

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  • Fulfills President Trump’s promise for no taxes on tips and overtime. 

  • Provides 100% immediate expensing for equipment purchases and research and development. 

  • Establishes 100% accelerated depreciation for new industrial facilities and manufacturing facilities that begin construction between 2025-2028. 

  • Lowers the effective tax rate for small businesses and family farms. (Give specifics here) 

  • Rewards companies that build their products in America with lower taxes. 

  • Reduces reporting burdens for small businesses and entrepreneurs. 

  • Protects the gig economy by repealing burdensome third-party income reporting requirements. 

  • Makes interest payments for American-made cars tax deductible. 

  • Permanently extends tax relief for employer student loan repayment assistance. 

 

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  • Permanently extends relief from the death tax by setting the exemption to $15 million or $30 million for those married filing jointly. 

  • Makes permanent the Section 199A pass-through deduction. 

  • Increases reference prices for ARC and PLC by 10% to 20% (specific increase varies by commodity). 

  • Improves farm safety nets and expands access to affordable crop insurance. 

  • Extends the sugar program through 2031, and makes improvements to the loan rate 

  • Improves livestock disaster programs, particularly for drought. 

  • Ends taxpayer-funded subsidies for wind and solar energy. 

  • Enhances 45Q tax credit for carbon capture projects. 

  • Restores onshore and offshore oil and gas leasing and requires the Bureau of Land Management (BLM) to act timely on coal lease applications. 

  • Provides regulatory relief for energy producers and repeals funding for radical Green New Deal policies. 

  • Boosts American mineral development. 

  • Enhances energy security by replenishing the Strategic Petroleum Reserve (SPR). 

  • Provides $1 billion in funding for Bureau of Reclamation Water Conveyance Projects, including for the Eastern North Dakota Alternate Water Supply Project (ENDAWS).

 

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  • Makes the largest investment in border security in over a generation, providing more than $175 billion through 2034 to secure our border, deporting terrorists and violent criminals, and preventing drug and human trafficking. 

  • Completes construction of the southern border wall. 

  • Increases funding to Immigration and Customs Enforcement (ICE) and other immigration agencies to hire and train new agents, fund transportation, upgrade infrastructure, and expand detention capacity. 

  • Improves Service-member quality of life by increasing allowances and pay and improving housing, health care, childcare, and education. 

  • Expands the size and capability of our naval fleet. 

  • Funds the Golden Dome for America. 

  • Funds enhanced nuclear deterrence, including the nuclear missions based at Minot Air Force Base:  

$2.5 billion for the new Sentinel intercontinental ballistic missile (ICBM) program. 

$500 million to sustain the existing Minuteman III ICBM. 

$200 million for additional MH-1139 Grey Wolf helicopters. 

  • Restocks America’s arsenal of munitions. 

 

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  • Modernizes our Air Traffic Control system. 

  • Establishes community engagement requirements for able-bodied Medicaid recipients ages 19-64; 20 hours per week of volunteering, school, or work. 

  • Cancels President Biden’s student loan repayment program. 

  • Increases the university endowment tax for large universities. 

 

 

 

CLICK HERE to read what your neighbors are saying about the One Big Beautiful Bill.