It could be the biggest tax hike your family has ever seen. That’s what Indiana Senator Jim Banks says is at stake if President Trump’s “One Big Beautiful Bill” doesn’t pass.

Banks told WIBC’s Hammer and Nigel that while the 2017 tax cuts locked in lower rates for big corporations, the cuts for families and small businesses are about to expire. A new bill to keep those breaks just barely made it through the House and is now in the Senate.

Some critics say the bill could add trillions to the national debt, but Banks says they’ve got it all wrong.

“Your taxes will go up on average $3,000 a family if the Big Beautiful Bill doesn’t extend the Trump tax cuts,” he said. “Don’t raise taxes on working class, blue-collar Americans who are struggling right now. That’s why it matters.”

Banks also pushed back on claims that the bill would take away healthcare. He says it wouldn’t. The changes, he says, only apply to able-bodied adults and people in the country illegally.

“The Medicaid reforms, the work requirements — it’s really good policy,” Banks said. “Over five million Americans sit at home who could work but don’t work.”

He says cutting Medicaid fraud could save between $600 and $700 billion over the next ten years, money that could help pay for the plan.

Banks is also going after visa overstays. This week, he introduced the Visa Overstay Penalties Act, which would make it a federal crime to stay in the U.S. after a visa expires. Right now, overstaying is not a crime. His bill would add jail time and fines.

He pointed to the recent attack in Boulder, Colorado, where a man who overstayed his visa used a Molotov cocktail to target the Jewish community. He also mentioned the 9/11 hijackers, who came here legally but never left.

“By the way,” Banks said, “the Big Beautiful Bill largely funds the mass deportation of illegals.”

Both the tax bill and the visa crackdown are now waiting on action in the Senate.