President Donald Trump is about to reach one of his most consecutive legislative victories to date, after the House of Representatives has barely adopted his Radical Tax and Expenditure Package – has tabled the “Big, a beautiful bill” – marking a historic advance for his national program.
The bill was adopted by a vote of 218-214, with two Republicans – Reps. Thomas Massie from Kentucky and Brian Fitzpatrick de Pennsylvania – contributed to each Democrat by voting against him. Close approval occurred after intense and last-minute pressure from Trump and the president of the Mike Johnson Chamber, R-La., Who spent days trying to argue the skeptical legislators of the GOP in the midst of increasing concerns concerning the implications of the bill.
The legislation, which includes billions of dollars in tax reductions, an increase in expenditure on the application of immigration and large -scale Medicaid reductions, adopted the Senate earlier this week by a single vote – 51-50 – required Vice -President JD Vance to break the link. Republicans only hold thin majorities in both chambers.
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An end -of -evening push to return the dissidents
The voting of the Chamber followed a dramatic push overnight to return a handful of GOP retained which had initially blocked a procedural vote on Wednesday evening. The dead end delayed the action on the ground for several hours until four of the five republican defectors finally reversed the course before 3:30 a.m. Thursday, allowing the final vote to take place later during the day.
According to aid of the White House, Trump had been personally involved in the lobbying of members, calls and issuance of public warnings that not adopting the bill would be a “betrayal” of the conservative base. The president has long established a deadline of July 4 for the final passage, linking the success of the bill to national pride and political momentum before the electoral season.
Revising scanning and deep cuts
The legislation enshrines significant tax reductions intended for both individuals and companies, expands border security expenditure and imposes strict requirements of new works with eligibility for Medicaid. But he has attracted strong warming of democrats, which argue that it will deepen inequalities and will leave millions of low -income Americans without access to health services and basic support services.
The chief of the Hakeem Jeffries room minority, DN.Y., led the opposition to an eight and 44 -minute marathon speech which broke the room record for the longest in history. Jeffries accused the Republicans of carrying out a “chainsaw” campaign against the main security nose programs, warning that the legislation would devastate the most vulnerable Americans.
Concerns of deficit and political calculations
The Congressional Budget Office (CBO) provides that the bill will add $ 3.4 billions to the federal deficit in the next decade – an alarming figure that has aroused the very concern of certain tax hawks within the Republican Party. The national debt is currently at more than 36 billions of dollars. The White House rejected the CBO projections, saying that the agency’s analysis was politically motivated.
The Républicains of the Chamber maintain that the package will stimulate long -term economic growth by reducing what they call “waste, fraud and abuse” in law programs and encouraging work and private investment.
More than 71 million Americans are currently registered in Medicaid. The proposed modifications could see millions of people who have covered in the coming years. Republicans argue that new work requirements and striculate eligibility criteria are aimed at making the system more efficient and sustainable.
Prices are looming and economic uncertainty increases
The adoption of the bill also comes in the midst of growing global uncertainty about Trump’s economic strategy. The president is expected to reintroduce a series of “reciprocal” rates on the main trade partners by July 9 – a movement that economists warn could explain more American trade relations and world supply chains.
Investors and foreign governments closely monitor the way in which Trump’s legislative and commercial ambitions will come up against in the coming weeks, in particular with major changes in health care, tax law and border policy which is now visiting law.
Trump should sign the bill during a major white house ceremony before July 4, positioning it as a centerpiece of his re -election campaign and a decisive contrast with what he called “years of bureaucratic failure in Washington”.
If it is signed, the “Big and Beautiful Bill” will mark the most complete overhaul of domestic policy in a generation, reshaping the role of government in everything, health care and immigration to taxes and trade.
