US President Donald Trump spoke the main procedure victory during the night, because the US House of Representatives filed his tax and expenditure law after hours of tense negotiations and a marathon voting meeting about the debate.
The House closely approved the rule regulating the debate on legislation by voting 219–213 at the beginning of Thursday morning (July 3), thus exceeding the resistance of both conservatives, and slightly feared cuts for safety programs.
“What a great night it was. One of the most important accounts ever. The US is the” hottest “country in the world, by far !!!” Trump wrote about the truth of social after voting.
The $ 3.4 trillion package-came up with a “big beautiful account”-ranges the biggest tax cuts for decades with a return of the net energy incentive from Biden and new financing for mass deportations of undocumented immigrants.
House Speaker Mike Johnson appreciated the result and told reporters, “We have votes. We still meet the term.”
With a cleaned procedure obstacle, the house is expected to take the final vote later on Thursday (July 3). If approved, the bill will head to Trump’s table as a signature and marks one of the greatest legislative successes of its second term.
Trump’s pressures of Republicans
Although the Republicans who dominated both chambers of Congress faced legislation the resistance of fiscal hawks who were scared of its costs and worried about steep cuts on Medicaid and security networks.
Trump, frustrated by delay, took the truth social shortly after midnight to demand the action.
“The greatest reduction in taxes in history and the flourishing economy vs. The biggest increase in tax in history and unsuccessful economy,” Trump wrote in truth in a social contribution. “What are the Republicans waiting for ??? What are you trying to prove?
Before the fundamental procedure vote, both Trump expressed confidence and said, “We had big interviews all day and most of the Republican house is united, for the good of our country, bringing the biggest tax cuts in history and massive growth,” the president said.
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Negotiations and defects
The vote in question was not the final passage, but a procedural step towards the start of the debate on the bill. It revealed that the President’s tight margin for mistakes – Johnson could afford only three Republican defects.
In the end, only one GOP legislator, representative of Brian Fitzpatrick from Pennsylvania broke.
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With the Senate passes Trump’s tax and expenditure law after voting
On Tuesday (July 1), the Republican -controlled US Senate (July 1) closely approved a massive tax and expenditure package promoted by President Donald Trump and issued a key legislative victory for administration just before the holiday of July 4.
Almost 900 -page measures, formally named One Big Beautiful Bill Act, went through a razor blade and Thin 51–50 margins. The vote was blocked until the vice -president of JD entered the Vance to hand over the vote in a evenly divided chamber.
The main tax cuts and cuts of the program
Legislation introduces billions of dollars into permanent tax cuts, including extending the 2017 tax reduction. It also introduces new tax reliefs that eliminate federal taxes on tips and overtime income – Trump’s Trump has repeatedly promoted to the campaign assembly.
In addition to reducing taxes, the Tax Act includes some of the most significant decrease in social security network programs in decades. Medicaid, which provides health coverage to millions of low -income Americans, will face steep cuts. Legislation also cheats the benefits of food aid covered by families and people with disabilities.
Another cornerstone of the package is a large increase in financing to enforce immigration, including sources to increase deportations and security measures on the border.
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