‘The most important piece of law’: Donald Trump’s ‘One Big Beautiful Bill’ cleanses the house with one vote after All-Night Shodown
After a dramatic all-night session, the House Republican extended the extended and spent bill, termed the bill, called a “beautiful bill” on Thursday, Thursday early, overcooked, controlled internal divisions and integrated the integrated democratic opposition. 215–214 votes marked a major legislative victory for Trump and Speaker Mike Johnson, sending a bill to the Senate for further consultation.Trump received the Bill degree on Truth Social, “certainly the most important piece of law which will be signed anytime in the history of our country.”He praised the provisions such as “large -scale tax deduction, no tax on tips, no tax on overtime,” new deduction for American -made vehicles, increase in funds for border security and army, and “trump savings accounts” for newborns.The 1,000-Plus page bills connects the 10-year expansion of Bill Trump’s 2017 tax deduction, in which he created the champion with a new tax break during his 2024 campaign. These include increasing the standard cuts for joint filers to $ 32,000, increasing the child tax credit to $ 2,500 and starting a $ 4,000 deduction for some older adults.However, according to the news agency AFP, critics have warned that the bill will severely damage the social security trap. The Nonpartison Congress’s Budget Office (CBO) estimates that it will increase the federal deficit to $ 3.8 trillion in a decade. Measures to cut the cost of the bill include tightening the medicid and snap eligibility by applying the requirements of the work. The CBO estimated that 8.6 million people would lose health coverage, and 3 million would lose food aid every month.“These are the biggest cuts for health care in American history … House Democratic leader Hakim Jeffrees, cited by AFP, said, “To make the biggest tax break for billionaires in American history. Democrats also warned of comprehensive economic impacts, while investors reacted with concern, since February sent a 10 -year treasury yield to their highest level.To calm the conservatives, the final-mining amendment intensified the medicade work requirements to start in December 2026 inste Moderates achieved a quadruple cap of state and local tax deduction for families with up to $ 500,000.Despite Trump’s warning that failing to pass the bill would lead to “ultimate betrayal”, two Republicans opposed it, including Rape Thomas Massey, who called it a “loan bomb tick”. Rape Andy Harris currently voted.House speaker Mike Johnson “said the bill,” said, “To explain, it gets to Americans back to win the bill again.” Nevertheless, the Senate is expected to make a major amendment, a target has been set to give the final version to Trump by 4 July with GOP leaders.
