Senate Passes H.R. 1: What You Need to Know!

BUY NOW! The Senate has just passed the One Big Beautiful Bill Act (H.R. 1) in a nail-biting 51-50 vote, with Vice President JD Vance casting the tie-breaking vote. This monumental decision, made possible by the budget reconciliation process, allows Senate Republicans to push through President Trump’s sweeping tax, immigration, energy, and healthcare agenda with a simple majority. This is a game-changer, folks! Let’s dive into the details and see what this means for you.

DO THIS! First things first, let’s talk about the postal service. Thanks to the National Association of Letter Carriers (NALC), two major attacks on letter carriers were removed from the package. Increasing the Federal Employees Retirement System (FERS) contribution rate to 15.6 percent for all postal employees hired after Jan. 1, 2026, and taking back any unspent funds designated for USPS electric vehicles (EVs) and requiring the agent to sell all its EVs and associated infrastructure were both axed. This is a huge win for letter carriers and a reminder of what’s possible when we stand together.

STAY AWAY! But here’s the kicker: H.R. 1 aims to cut government spending while extending corporate tax breaks. It would make permanent President Trump’s 2017 tax cuts, which are set to expire at the end of the year. The package allocates billions of dollars for border security, immigration enforcement, and defense measures while limiting eligibility and funding for Medicaid, student loan repayments, and clean energy tax credits. The bill is estimated to increase the deficit by $3.3 trillion over 10 years and cost $507.6 billion over the same time. This is a no-brainer: the market hates uncertainty, and this bill is a recipe for chaos.

BOO-YAH! Now, let’s talk about the House. H.R. 1 now heads back to the House, where the margins are razor thin. Members of the House Freedom Caucus, as well as moderate Republicans, have already expressed reservations about the Senate-passed bill, which includes notable changes from the House version that passed on May 22. These changes include increasing the debt limit by $5 trillion instead of $4 trillion, increasing the state-and-local tax (SALT) deduction cap to $40,000 for five years, instead of permanently, and making permanent several business tax cuts that were temporary in the House bill. The House is expected to vote on the bill as early as tomorrow to meet President Trump’s July 4 deadline. This is a make-or-break moment, folks!

THIS IS A NO-BRAINER! So, what does this mean for you? If you’re a letter carrier, this is a huge win. But if you’re an investor, this is a wild ride. The market is already reacting to the news, and you need to be ready. Stay tuned for more updates as the process progresses. This is a game-changer, and you don’t want to miss out!