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House Passes Trump’s Controversial Tax and Budget Bill

The legislation extends 2017 tax cuts while slashing Medicaid and social programs, advancing to a divided Senate for further debate.

Overview

  • The U.S. House of Representatives approved President Trump's 'Big Beautiful Bill' after a late-night vote led by Speaker Mike Johnson.
  • The bill permanently extends Trump’s first-term tax cuts, set to expire this year, while cutting Medicaid and food assistance programs.
  • Independent analysis projects the legislation will increase the federal deficit by $4.8 trillion over the next decade.
  • The Congressional Budget Office estimates over ten million Americans will lose health insurance under the proposed Medicaid cuts.
  • The bill now moves to the Senate, where Republicans hold a narrow majority and plan to introduce significant amendments.