The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an analysis finds.

President Trump’s One Big Beautiful Bill delivers the largest tax cuts in decades. But the benefits aren’t evenly distributed, and some taxpayers will gain far more than others.

Former Vice President Mike Pence wrote to Speaker Mike Johnson (R-La.) on Monday to commend him for getting a massive reconciliation package that included an extension of the 2017 tax cuts across the finish line.