In a move that has ignited fierce debate across the United States, the House Ways and Means Committee has advanced a sweeping tax bill officially titled "The One, Big, Beautiful Bill." This legislation, a flagship initiative of President Donald Trump’s economic agenda, seeks to make permanent the tax cuts introduced by the 2017 Tax Cuts and Jobs Act (TCJA)—set to expire at the end of 2025—while rolling out an array of new tax relief measures for workers, families, and businesses.