Press Releases
Congressman Mike Lawler Delivers Historic Tax Relief with Passage of the OBBB
Washington, D.C. ,
July 3, 2025
The OBBB protects Americans for the largest tax hike in generations, delivers historic tax relief to middle and working class families, strengthens Medicaid, lowers energy costs, and delivers record funding for securing our border. Following last week’s confirmation that the final bill preserved Lawler’s SALT compromise, raising the cap to $40,000 with a $500,000 income ceiling and 1% growth for five years, the bill returned to the House and was passed with these core tax provisions intact, including:
According to the House Committee on Ways and Means, only two years after being signed into law, real median household income increased by $5,000 and real wages rose by 4.9% under the TJCA, allowing families to pocket more of their hard-earned money. Had these vital tax provisions expired, New Yorkers would have faced the single largest tax increases on small businesses and working-class families, with the average taxpayer in the Lower Hudson Valley facing an 18% tax hike. However, passing an extension will result in a yearly take-home pay increase of up to $14,700 for a typical family in New York, according to the Council of Economic Advisers. Beyond tax relief, H.R. 1 delivers major wins for families, small businesses, and national security, including:
“Today, we delivered on our promise — to stop the single largest tax hike in American history and put more money back in the pockets of Americans,” said Congressman Lawler. “We secured meaningful SALT relief, locked in tax cuts for families and small businesses, and restored fairness for hardworking taxpayers across New York.” “This bill is a blueprint for how we can govern responsibly: provide real relief, restore security, and rein in out-of-control spending. The alternative was higher taxes, fewer jobs, and more economic pain. I voted to protect my constituents from that, and today, we got it done,” concluded Congressman Lawler. H.R. 1 now heads to President Trump’s desk for consideration of being signed into law. Congressman Lawler is one of the most bipartisan members of Congress and represents New York's 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties. He was rated the most effective freshman lawmaker in the 118th Congress, 8th overall, surpassing dozens of committee chairs. ### |