In the House of Representatives, the US Republican gradually came close to the tax-cut of President Donald Trump and spend a late bill on Tuesday, but came. Passing came.
Trump took his social media platform Truth Social around Midnight Washington Time (0400 GMT).
“The biggest tax cut in history and a rapidly growing economy versus the largest tax in history, and a failed economy. Oho.
Bill stopped in the house
Republic leaders tried to catch the bill to return as a procedural vote was kept open for more than seven hours. All house democrats, and some Republicans that areware of deficit expenses, are against the bill.
House speaker Mike Johnson told Fox News in an interview, “Everyone wants to go yes.”
An early procedural measure was later passed 220–212, indicating that Trump may have worked on some voters, but it is not a guarantee that the bill would pass a final vote to become law.
The members then voted on another initial measure required to transfer the bill to the main vote, but the five Republican convicts voted against it, stopping it again.
Trump pushed to the 800-page bill to be at his desk for his final approval by 4 July, when the US celebrates its Independence Day.
Vice President JD Vance passed the Senate vote to the bill after the marathon session of debate and amendment.
Bill, “One Big Beautiful Bill Act” agreement, asks for tax break and increases defense spending and immigration enforcement, which will offset by cutting health care and other social services.
Most of Trump’s second term have been marked by executive orders so far, which are the President’s instructions with the force of laws that do not require Congress’s approval. However, due to this major expenditure and tax bill passed by the Congress, his presidential will be a large part of the promises of the campaign.
What is a big, beautiful bill
For the Congress Budget Office (CBO), the tax deduction includes $ 4.5 trillion (approximately € 3.8 trillion), making Trump’s 2017 tax rates permanent from his first term, while the new cuts did not get any tax on tips, overtime and social security.
Hence $ 150 billion for defense, and $ 175 billion for border security.
Among the more controversial aspects, there are changes in the Medicade, which is government subsidized health care for low -income groups. The bill asks for strict access requirements, and will apply $ 1.2 trillion in the program cuts.
The CBO has speculated that the change in the medicade means that 12 million people will loose access to health insurance in the next decade.
CBO, estimating that the bill will add $ 3.3 trillion to the National Deb.
Edited by: Elizabeth Shumacker
