
Marcos open to studying divorce bill, but says marriage should be preserved
Communications Undersecretary Claire Castro clarified that the President is waiting to review the bill's full provisions before taking a position. She noted that some grounds for legal separation are now being proposed as grounds for divorce.
Castro added that while even the Catholic Church recognizes annulments in irreparable marriages, the President's priority is still to strengthen families, especially for the welfare of children. His decision on the bill will also weigh in on public opinion and religious sentiment.
Two versions of the divorce bill—House Bill 108 and House Bill 210—have been refiled in Congress to provide legal divorce as an alternative to annulment and legal separation, particularly benefiting abused or disadvantaged spouses.
As a 2022 presidential candidate, Marcos said he saw real-life cases where divorce helped families but warned that it should not be made an 'easy out.' He urged couples to work hard on saving their marriage first before turning to divorce as a last resort.
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Gulf Business
39 minutes ago
- Gulf Business
Trump's One Big Beautiful Bill explained
Image: Getty Images In July 2025, the US Congress enacted the sweeping One Big Beautiful Bill (OBBB): a landmark legislative overhaul combining permanent extensions of Trump-era tax cuts for individuals and businesses with major spending cuts to welfare programmes and a hefty increase in defense and border security outlays. The bill narrowly cleared its final hurdle in the House of Representatives, positioning it to become law following his signature on July 4. According to the add approximately $3.3–$ 3.4 trillion to federal deficits over the next decade and leave 11–12 million Americans without Medicaid coverage, a claim strongly disputed by the White House. 'President Trump's One Big, Beautiful Bill delivers on the commonsense agenda that nearly 80 million Americans voted for – the largest middle-class tax cut in history, permanent border security, massive military funding, and restoring fiscal sanity. The pro-growth policies within this historic legislation are going to fuel an economic boom like we've never seen before. President Trump looks forward to signing the One Big, Beautiful Bill into law to officially usher in the Golden Age of America,' the VICTORY: The One Big Beautiful Bill Passes U.S. Congress, Heads to President Trump's Desk 🇺🇸🎉 — The White House (@WhiteHouse) From a B2B perspective, this bill sends strong signals: a brighter corporate tax landscape and investment clarity, contrasted with harsh reductions in healthcare and social safety nets. It deliberately reshapes incentives in sectors like renewable energy, defense, manufacturing, and infrastructure, offering strategic opportunities for businesses and investors. With permanent 2017 tax cuts, expanded bonuses, and full 100% expensing, the bill aims to stimulate corporate investment. Yet it simultaneously reverses many climate-related credits, potentially chilling solar and wind projects . Defense and security sectors, by contrast, are set to benefit from a . Lost in the US-centric coverage, however, are ripple effects in the GCC region, from fiscal and investment flows to energy markets and defense partnerships. Gulf sovereign wealth funds with heavy US bond and equity exposure may see altered yields and investment valuations. A return to robust US fossil fuel production and weaker renewables support could benefit GCC oil exporters, even as geopolitical and military collaboration dynamics evolve. Sector-Wise Breakdown Tax & Corporate Sector Permanent tax cuts : Lowers corporate and individual tax rates, increases Business certainty : Enhanced planning through long-term tax predictability, including 100% Section 179 expensing. Trade & remittance levy : Introduces a 1% tax on remittances—raising potential issues for global fund flows . Healthcare & Welfare Drastic Medicaid/SNAP cuts : Deep reductions could strip about 10–11 million low-income Americans of benefits. Eligibility changes : Programmes now include stricter work mandates and state cost-sharing, potentially straining hospital systems. Defense & Border Security Defense boost : +$150 billion for military, including 'Golden Dome' missile defense, drones, and nuclear upgrades. Immigration enforcement : +$150 billion for border control, ICE expansion, detention capacity for up to 1 million deportees annually. Energy & Environment Clean energy rollback : Repeals IRA tax credits, halts renewables momentum, and favors fossil fuels, nuclear, and gas sectors . Energy dominance push : Positions US around nuclear and gas reliability; delays investment in solar and wind . Infrastructure & Tech ATC modernisation : . Spectrum & R&D incentives : 600 MHz spectrum auction planned by 2034; R&D expensing restored to spur innovation . Agriculture & Rural Support for rural hospitals : $50 billion allocated to support struggling healthcare systems in non-urban areas . Agricultural enhancements : Elevated crop insurance, price supports, and disaster relief totalling approximately $60 billion . GCC Impact Snapshot Sovereign wealth & portfolio returns: The tax cuts and increased US debt may drive higher bond yields, squeezing GCC external debt issuances. A new remittance tax could also slightly dent returns for GCC-based investors in the US. Energy market ripples: Rollbacks in clean energy tilt US fuel demands back to oil and gas, supporting GCC hydrocarbon export prices in the short to mid-term . Defense & security ties: Expanded US defense budgets open avenues for GCC collaboration on advanced military and border technologies. Investment climate: Tax clarity may attract more GCC foreign direct investment into US infrastructure and technology sectors, though uncertainty in welfare and fiscal policy might temper risk appetite. Trump's 'One Big Beautiful Bill' epitomises a high-stakes gamble: it locks in permanent tax relief and certainty for corporations and the wealthy, while significantly slashing social safety nets, primarily Medicaid, potentially leaving nearly 12 million Americans uninsured. Although fossil fuel industries benefit from revived incentives, the rollback of clean‑energy credits casts a shadow over green energy's momentum, even as targeted investments in technology, defense, and research & development open long‑term growth pathways, assuming fiscal discipline and stable global trade persist.


The National
3 hours ago
- The National
Trump's 'Big, Beautiful Bill' is a boon to Democrats, but don't expect them to seize the moment
The US has never been short of hideous or harebrained legislation from both liberals and conservatives. But President Donald Trump's "big beautiful budget bill,' passed on Thursday by Congress, outdoes anything in living memory. In one gigantic sweep, it enacts at least four major national initiatives, each of which would alone qualify as among the most appalling legislative acts in modern American history. It will constitute one of the largest transfers of wealth from poor and working Americans to the rich, involving major tax cuts targeted squarely at the wealthiest segment of society. It eliminates health care for anywhere between 12-17 million Americans currently reliant on the Medicaid programme. It massively increases funding for the military and, more importantly, the apparatus of apprehending and detaining in giant prison camps undocumented migrants and asylum seekers. And, in this process of slashing taxation while splurging on spending, it will supercharge an already alarming national debt. Perhaps the best summary of this legislation, likely to be the signature legislative accomplishment of Mr Trump's second term, came from independent Senator Angus King of Maine: 'This bill isn't just irresponsible, it's cruel. It is literally taking food and health care away from lower income and middle income people to give a tax break to millionaires.' That qualifies as an objective fact. Even many, if not most, of the bill's supporters are well aware that it's the height of irresponsibility. Alaska Senator Lisa Murkowski confessed, 'Let's not kid ourselves', it's 'not good enough', resulting from 'an awful process – a frantic rush to meet an artificial deadline'. That was her assessment mere minutes after she cast the decisive vote allowing its passage in the Senate. Not good enough? Sign us up! The creation of a hard-core immigration police state will be another major step towards American authoritarianism and the bolstering of a "power ministry" closely aligned with the President. The administration hopes to arrest and detain thousands of migrants, most of whom will not have been convicted of crimes, every day in the coming years. Even if that is unlikely to happen, the swarming of masked and armed immigration officials swooping down on everything from school pick up zones, shopping centres, bus stops and houses of worship will certainly metastasise. Republicans are ignoring all other aspects of the legislation, particularly the dire healthcare impact, and emphasising the new anti-immigrant police state apparatus. This is so central to the Trumpian agenda that it virtually defines what it means to "make America great again". Mr Trump has expressed the need for scores of new prison camps for migrants, hoping that they will "morph into a system where you're going to keep it for a long time'. He has also floated the idea of deporting some naturalised US citizens. A similar logic applies to health care. North Carolina Senator Tom Tillis said he couldn't support the bill and won't stay in the Senate (knowing he can't, without Mr Trump's backing) because Republicans are lying to Americans that there will not be massive healthcare loss. He asked what he's supposed to say to the 600,000 North Carolinians likely to suddenly find themselves without any health care after repeated promises that no such thing would ever take place, and warns of a political disaster. Even many, if not most, of the bill's supporters are well aware that it's the height of irresponsibility In effect, Republicans are performing a partial repeal of Obamacare, which they always hated but had been unable to find a workable alternative to and therefore have not been able to repeal. Gutting Medicaid gets them as close as they can under current circumstances. The main beneficiaries are the richest 1 per cent of Americans, who have seen their wealth steadily rise in recent decades as the rest of the country stagnates or declines. The national debt is so huge that servicing it is a greater expense than the vast US military. But making that problem worse – adding up to a staggering $3.4 trillion over the next decade – is apparently a small price to pay to secure additional benefits to those who need it the least. When it's defended at all, this largess is cast as economic stimulus. When the real pain – particularly the cuts to Medicaid – hits Main Street, the Democrats will receive an enormous opening for attacking Mr Trump, his agenda and his Republican allies. But it's unclear they'll be able to seize the opportunity. The immigration measures are likely to be relatively popular, and most Americans cannot be galvanised, at least at this stage, by appeals to preserve democracy and the rule of law. Rather, they are more concerned with their own daily struggles. To strike back at the Republicans effectively, Democrats will have to unite around kitchen-table issues, including health, taxation and the grotesque inequality of wealth that is being gratuitously exacerbated by a Republican party that falsely claims to be labouring in the interests of blue-collar, working-class Americans. Can they do it? I wouldn't bet on it. Republicans are much more unified, especially with Mr Trump ruthlessly enforcing a strict party line. Democrats are going to have to get over their structural problem of essentially being a coalition of diverse interest groups that tend to insist their specific issue is overriding and instead develop a message about Republican hypocrisy and unfairness that speaks to Americans as a unified national constituency. Rather than simply calling Mr Trump a would-be tyrant, they will have to argue he has reneged on key promises or failed to fulfil them. Going to political war on behalf of immigrants, the constitution or rule of law is likely to fail, whereas championing working Americans against a rapacious, grasping and obscenely indulged economic elite could be a tremendous political game changer. They will also need an effective national leader. At present, there's no sign of one. This ghastly bill ought to provide huge opportunities for a Democratic resurgence. But don't hold your breath.


Dubai Eye
3 hours ago
- Dubai Eye
Trump celebrates tax bill victory at Iowa fairground rally
US President Donald Trump celebrated the passage of his massive tax-cut and border security bill among supporters at the Iowa State Fairground on Thursday. Trump flew to the state, which voted for him by large margins during the last three presidential elections, directly after the US House of Representatives passed his 'big, beautiful bill' and sent it to his desk to be enacted into law. 'Every major promise I made to the people of Iowa in 2024 became a promise kept,' Trump told the crowd of thousands at the Iowa State Fairgrounds in Des Moines. By visiting the state Trump was reinforcing his image as a president who delivers on his promises, especially to his rural and conservative base. Trump said he will sign the bill at a White House ceremony on Friday, the Independence Day holiday in the United States and the deadline he had set for Congress to approve the mammoth piece of legislation. The measure will give Trump billions of dollars to press forward with his domestic agenda, ramping up migrant deportations and cutting taxes while rolling back health benefits and food assistance. 'This bill includes the largest tax cut in American history, the largest spending cut in American history, the largest border security investment in American history,' Trump said. The package will add $3.4 trillion to the nation's $36.2 trillion debt, according to the nonpartisan Congressional Budget Office. The passage of the bill marked weeks of trials by Trump and his allies in Congress to convince skeptical Republicans to push through the bill on a rapid timetable. It was part of a string of victories for Trump in recent days, including convincing Iran and Israel to agree to a ceasefire after the United States struck Iran's nuclear sites last month. Trump criticised Democrats in Congress for voting against the measure, which passed on party-line votes in both chambers. He attributed that to Democrats hating him. 'But I hate them too," he said. Trump said the vote will make for campaign fodder during next year's midterm elections, when control of Congress will be at stake. Some Republicans worry that deep cuts to the Medicaid health program in the bill will hurt the party's prospects in the 2026 midterm elections. The president said the bill will bolster his already aggressive immigration enforcement and deportation efforts but again pledged to work with farms and hotels concerned about a thinning labor force. Trump's trade policies have whipsawed agricultural communities in Iowa, creating economic uncertainty and testing loyalties. Iowa farmers have been hit hard, especially with China's retaliatory tariffs slashing soybean exports and prices.