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House passes Trump’s megabill, sending it to the president’s desk

  • On July 3, the House passed Trump’s tax and Medicaid bill 218-214, now heading to his desk for signature, with a signing ceremony scheduled for July 4.
  • Driven by Republican strategy, Trump pressured Congress to pass his bill by July 4, aiming to make tax cuts permanent and fund immigration enforcement.
  • The Congressional Budget Office projects that the bill will leave about 11.8 million Americans uninsured by 2034, with $4.5 trillion in revenue losses and $1.1 trillion in spending cuts.
  • The White House announced Trump will sign the bill at 5 p.m. on July 4, aligning with Independence Day celebrations.
  • The Congressional Budget Office projects the bill will add about $3.3 trillion to deficits over the next decade, likely influencing the 2026 midterm elections.
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Minneapolis, MN (MinnPost)

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Following the adoption of the controversial tax and expenditure law in the US, US President Trump celebrated with supporters in the U.S. state of Iowa. He spoke of the biggest tax reduction and the biggest investment in border security in American history. Criticism comes from the Democrats.

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Reason broke the news in United States on Wednesday, July 2, 2025.
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