‘Big Beautiful Bill’ Passes House, Senate Version Set to Become Law with Major Impacts on Students. In a narrow 218-214 vote on Thursday July 3rd, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (H.R. 1), advancing President Donald Trump’s sweeping legislative agenda ahead of the July 4th deadline.

Isaacman Nomination Pulled; Musk Departs. The Trump-Vance administration’s proposed federal budget has drawn criticism from space industry leaders and lawmakers on both sides of the aisle as it recommends a nearly 25% cut to NASA’s funding.