House Republicans passed their “One, Big, Beautiful Bill” through the reconciliation process on May 22, sending it to the U.S. Senate and one step closer to being signed into law by President Donald Trump.

Ways and Means Chairman Rep. Jason Smith, R-Missouri, issued a statement claiming the bill “locks in the successful 2017 Trump tax cuts” and, if passed, would result in “made-in-America incentives” and secure more than 7 million jobs over the next four years, with wage increases of more than $11,000.