Republican leaders are planning to name the multitrillion dollar reconciliation bill the “One Big Beautiful Act,” in honor of President Donald Trump, reported Punchbowl News.

The legislation, aimed at advancing Trump’s policies on tax, defense, immigration, border security, energy, and the debt limit, aims to expand the GOP’s 2017 Tax Cuts and Jobs Act.

It would also eliminate taxes on tips, overtime, and Social Security payments.

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