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House Approves Landmark Bill for Health and Education

6/18/2025

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Summary

Story summary

On May 22, 2025, the U.S. House narrowly approved the One Big Beautiful Bill (BBB), a landmark legislation that boosts Health Savings Accounts and offers tax breaks for student loan repayments and childcare. It also targets Pharmacy Benefit Managers to ensure clearer drug pricing. The Senate plans to finalize the bill by July 4, 2025.

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Story summary

On May 22, 2025, the U.S. House narrowly approved the One Big Beautiful Bill (BBB), a landmark legislation that boosts Health Savings Accounts and offers tax breaks for student loan repayments and childcare. It also targets Pharmacy Benefit Managers to ensure clearer drug pricing. The Senate plans to finalize the bill by July 4, 2025.