U.S. Republicans Muscle Trump's Tax-Cut and Spending Bill Through Congress
- Last Thursday, Congress approved Trump’s $4.5 trillion bill, which includes steep Medicaid and food program cuts affecting 17 million Americans.
- Driven by Trump’s 2024 campaign pledges, Johnson and Thune united GOP members after months of division to pass the $4.5 trillion bill, fulfilling key promises on tax relief and border security.
- According to the Congressional Budget Office, the bill will reduce tax revenues by $4.5 trillion and cut $1.1 trillion in spending over 10 years, mainly from Medicaid, with nearly 12 million Americans expected to lose insurance.
- Moody’s downgraded US debt in May, warning that mounting borrowing costs could increase long-term fiscal pressures, with Democrats planning to highlight the bill in 2026 elections.
42 Articles
42 Articles
When President Donald Trump puts the signature on his big bill this Friday, much of the attention will be focused on his most important points: tax cuts, Medicaid spending cuts and food stamps,...
Republicans muscle Trump’s sweeping tax-cut and spending bill through Congress - West Hawaii Today
WASHINGTON — President Donald Trump’s tax-cut package cleared its final hurdle in the U.S. Congress on Thursday, as the Republican-controlled House of Representatives narrowly approved the massive bill and sent it to him to sign into law.
Republicans muscle Trump’s sweeping tax-cut and spending bill through Congress - Hawaii Tribune-Herald
WASHINGTON — President Donald Trump’s tax-cut package cleared its final hurdle in the U.S. Congress on Thursday, as the Republican-controlled House of Representatives narrowly approved the massive bill and sent it to him to sign into law.
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