Trump’s Tax and Spending Bill Narrowly Clears U.S. House

House Republicans used their narrow majority to pass a broad tax and spending package which brought President Donald Trump and House Speaker Mike Johnson a symbolic victory. House members supported the “One Big Beautiful Bill” which Trump named it through 215-214 votes after his administration led extensive lobbying and partisan infighting within the Republican Party.

The new bill combines extended Trump-era tax reductions with overtime pay and tip income tax benefits and defense budget increases and funding for mass deportation initiatives from Trump's 2024 campaign. The bill establishes deep cuts to Medicaid and food assistance programs which serve millions of Americans alongside its other provisions.

The vote received opposition from two Republican representatives and one representative abstained from voting. The Senate will now review this bill although changes are probable.

Johnson declared this day as historic before voting began. Our government has chosen American workers as our top priority while keeping our campaign promises intact.

The Democratic party strongly opposed this bill because they predicted its destructive impact on both human welfare and financial stability. Minority Leader Hakeem Jeffries described the funding reductions as catastrophic because they would harm children along with seniors and people with disabilities and potentially lead to hospital and nursing home shutdowns.

The White House declared that Senate inaction would constitute an "ultimate betrayal" because the bill remains crucial for Trump's legislative goals.

The ten-year budget plan for this bill amounts to $5.2 trillion and shows $600 billion added to the deficit during the following fiscal year. The U.S. credit outlook received a negative adjustment from Moody's because of these numbers.

The bill's critics highlighted the hasty voting process since members received their 1,000-page document only a few hours before starting debate.

The Congressional Budget Office revealed that the current budget rules could automatically reduce Medicare by $500 billion because of the bill's present draft. The Senate will now face challenges because Trump promised to protect Medicare while Republicans must find a way to move the bill forward.

The Republicans maintain their slim House majority which exposes them to electoral danger as they approach the midterm elections. The Democrats use this vote as a campaign tool to gain control of the House and block Trump's legislative goals.