Complete Story
07/09/2025
How Will Employers Be Impacted by the Big Beautiful Bill?
Source: Fisher Phillips, July 7, 2025
Don’t have the energy to slog through the 1,127 (or so) pages of the legislative text, amendments, and explanatory materials that comprise the final version of the “Big Beautiful Bill” to see how it impacts labor and employment law? Don’t worry – the Government Affairs team at Fisher Phillips has your back. Here’s an overview of the ways that the workplace will be impacted by the final budget bill signed by President Trump on July 4.
How will employers be impact? In short,
- No federal taxes on overtime and tips
- Medicaid eligibility
- Health Savings Account (HSA) expansions
- Dependent Care Flexibility Spending account limit increase
- Boosted ICE budget
Not included: State AI law pause
