An analysis of the just-passed Senate version of the One Big Beautiful Bill Act predicts the legislation will increase primary deficits by $3.1 trillion over 10 years. That didn’t worry the Senate—will it bother the House?

The Senate narrowly passed the One Big Beautiful Bill Act (H.R. 1) on July 1 by a 50-50 tally, with Vice President J.D. Vance casting the tie-breaking vote.

The Senate's passage of the sweeping "One Big Beautiful Bill Act" drew swift praise from major American real estate and construction trade groups, who say the legislation could provide a critical boost to housing supply and affordability across the United States.