Trump’s ‘One Big Beautiful Bill’ Widens HSA Access and Family Tax Breaks

President Donald Trump has signed the "One Big Beautiful Bill Act," a broad tax-and-spending package that overhauls savings incentives and channels new money to border security. The measure enlarges access to Health Savings Accounts, allowing tens of millions more Americans to open HSAs by making bronze and catastrophic Affordable Care Act plans, direct-primary-care arrangements costing up to $150 a month for individuals ($300 for families), and high-deductible plans with telehealth benefits HSA-eligible from 2026. The law also introduces a series of targeted tax breaks. Parents will receive a $1,000 deposit into a newborn "Trump Account" and a $2,200 Child Tax Credit, while taxpayers aged 65 and older gain a $6,000 bonus deduction. Supporters say the combined measures give families a lifetime framework for building and preserving wealth. Beyond tax policy, the act directs additional funding to U.S. Customs and Border Protection to recruit more Border Patrol agents and support staff, a priority of House Republicans who advanced the legislation. The Department of Homeland Security has not yet detailed hiring targets or timelines.