The One Big Beautiful Bill is signed into law, which makes many provisions from the 2017 Tax Cuts and Jobs Act permanent, including lower personal tax rates, an expanded standard deduction, and a higher estate tax exemption.

OBBB also boosts business incentives by permanently reinstating 100% bonus depreciation, expanding Section 179 expensing, and restoring full expensing for domestic R&D, while phasing out many clean energy tax credits.

Making full expensing permanent is a major pro-growth win. It empowers U.S. businesses, especially energy producers and manufacturers, to invest, innovate, and compete without distortion. This is precisely the kind of tax policy C3 champions: immediate, neutral, and grounded in free market principles.