Senate Passes Trump Tax Bill, House Vote Next
Senate Passes Trump Tax Bill, House Vote Next

Senate Passes Trump Tax Bill, House Vote Next

News summary

The 'Big Beautiful Bill,' championed by President Donald Trump, has passed the Senate with Vice President JD Vance casting the tie-breaking vote and is now awaiting final passage in the House before July 4. Republicans promote the bill as the largest tax cut in history, emphasizing permanent tax relief, extended existing tax cuts, and increased investments in defense and energy. The legislation is said to protect Social Security, Medicare, and Medicaid benefits by reducing waste and fraud, while also boosting military and border security. Supporters claim the bill will deliver lower taxes, higher wages, and economic growth for American families and businesses. Critics, including Rep. Alexandria Ocasio-Cortez, warn of a projected $3 trillion increase in the national deficit over ten years and question its long-term fiscal responsibility. Internal GOP debates continue, but Trump urges party unity as the bill moves toward potential enactment.

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