US House Passes Trump's $3.4T Tax, Medicaid Cuts Bill
US House Passes Trump's $3.4T Tax, Medicaid Cuts Bill

US House Passes Trump's $3.4T Tax, Medicaid Cuts Bill

News summary

President Donald Trump's sweeping $3.4 trillion tax and spending package, dubbed the "Big Beautiful Bill," narrowly passed the Republican-controlled House of Representatives along party lines after intense debate and a historic nearly nine-hour speech by House Democratic Leader Hakeem Jeffries condemning the bill. The legislation includes substantial tax cuts extending those from Trump's first term, increased military funding, and deep cuts to social safety-net programs such as Medicaid and food assistance, with states assuming a larger share of Medicaid costs as federal funding decreases. Supporters argue the bill promotes personal responsibility, economic growth, and strengthens national security, while critics warn it will increase inequality, add trillions to the deficit, and create hardships for vulnerable populations. The bill passed with a 218-214 vote after GOP leaders, including Speaker Mike Johnson and President Trump, worked to overcome internal party opposition. The legislation is set to be signed into law by President Trump on July 4, marking a significant legislative victory for his administration and a defining measure of his second term. Democrats remain united in opposition, highlighting concerns over the bill's impact on working-class Americans and the national debt.

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