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The Latest: House Gives Final Approval to Trump’s Big Tax Bill and Sends It to Him to Sign
- On July 3 in Washington, D.C., House Republicans approved President Donald Trump’s $4.5 trillion package of tax cuts and spending reductions, sending the legislation to him for signing into law.
- The bill faced intense opposition and a difficult legislative process, with Democrats united against it and Republican holdouts resisting despite Trump's pressure.
- The package features tax cuts introduced in 2017, reductions in Medicaid and food stamp benefits tied to new work requirements, significant scaling back of incentives for renewable energy, and a $350 billion allocation toward national security and immigration enforcement.
- Democratic leader Hakeem Jeffries delivered a record-breaking eight-hour speech opposing the bill, describing it as a "crime scene" that threatens health and safety, and warning that it would take away food assistance from vulnerable groups including children, veterans, and seniors in need.
- The Congressional Budget Office projects that the legislation will increase the federal deficit by $3.3 trillion over ten years and result in 11.8 million more individuals lacking health insurance, underscoring considerable social and political repercussions.
189 Articles
189 Articles
‘Congratulations America!’ Trump cheers bill CBO says will push 12M off Medicaid
President Donald Trump took a victory lap Thursday evening after House Republicans finally passed his "Big Beautiful Bill," and announced a signing celebration would be held on the Fourth of July.The House GOP passed Trump’s marquee domestic policy bill earlier in the day in dramatic fashion, follow...
Zinke, Downing, among Republican majority giving final approval to Trump's big tax bill
U.S. House Republicans propelled President Donald Trump’s big trillion-dollar tax breaks and spending cuts bill to final passage Thursday in Congress, overcoming multiple setbacks to approve his signature second-term policy package before a Fourth of July deadline. This story also appeared in Associated Press The tight roll call, 218-214, came at a potentially high political cost, with two Republicans joining all Democrats…
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