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7 Little-Known Items in Trump’s Big Agenda Bill

  • President Donald Trump signed the One Big Beautiful Bill into law on Friday, covering tax cuts, border security, and cultural funding.
  • The bill followed lobbying by Texas senators Cornyn and Cruz to recognize Houston in the space shuttle program and impose commercial spaceflight fees.
  • The legislation introduces incremental launch fees for commercial space flights, beginning at $0.25 per pound with a maximum charge of $30,000 per launch, escalating to $1.50 per pound and a $200,000 cap by the year 2033.
  • The bill also eliminates a $200 silencer fee, increases whaling deductions, restricts gamblers to deducting only 90% of losses, and allocates $257 million to remodel the Kennedy Center.
  • This legislation ends an electric vehicle tax credit set to expire at September's end and could reduce professional gambling, signaling major shifts in tax and cultural policies.
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For example, the bill would require commercial spaceflight companies to pay a fee for both launching into space and returning from there.

·Finland
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7 little-known items in Trump’s big agenda bill

Lawmakers tucked a long list of measures that won’t grab headlines into the massive tax and spending package.

·Atlanta, United States
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Washington Top News broke the news in Washington, United States on Friday, July 4, 2025.
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