The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct tip income from their federal taxable income, up to $25,000 annually. The deduction phases out for individuals earning more than $150,000 and couples earning over $300,000.

Republican infighting defined a caustic debate that saw significant opposition to Medicaid cuts, which could define the 2026 midterm elections

Vice President JD Vance's vote broke the tie to achieve approval. After weeks of uncertainty, blackmail, threats, and a marathon in the final hours, the United States Senate has given green light this Tuesday to the processing of the well-known Big Beautiful Bill,