House Passes Trump’s Controversial $4 Trillion Tax Bill
House Passes Trump’s Controversial $4 Trillion Tax Bill

House Passes Trump’s Controversial $4 Trillion Tax Bill

News summary

President Donald Trump's 'big, beautiful bill' has narrowly passed the House in a 215-214 vote, advancing the centerpiece of his legislative agenda but sparking widespread controversy and criticism. The bill includes deep cuts to Medicaid and SNAP, with the Congressional Budget Office estimating up to $700 billion in reduced Medicaid spending and 8.6 million Americans potentially losing health coverage over the next decade. It also extends Trump's 2017 tax cuts, primarily benefiting wealthier Americans, at a projected cost of about $4 trillion and could significantly increase the national debt. The bill's passage was contentious within the Republican Party, with some lawmakers concerned about its impact on the deficit and others opposing specific spending cuts. Democrats have condemned the rushed and unusual timing of the House hearing, held at 1 a.m., questioning why such significant legislation was pushed through in the middle of the night. The bill now faces an uncertain fate in the Senate, where Republican divisions and a slim majority mean its final form—and passage—are far from guaranteed.

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8 days ago
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