Trump's flagship tax bill passes US Congress
The text, headlined by a $4.5 trillion renewal of the president's first-term tax cuts, was approved by the House of Representatives along party lines, delivering Trump the biggest legislative win of his second term.
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Nahar Net
31 minutes ago
- Nahar Net
US House gives final approval to Trump's big tax bill
by Naharnet Newsdesk 04 July 2025, 14:53 House Republicans propelled President Donald Trump's big multitrillion-dollar tax breaks and spending cuts bill to final passage Thursday in Congress, overcoming multiple setbacks to approve his signature second-term policy package before a Fourth of July deadline. The tight roll call, 218-214, came at a potentially high political cost, with two Republicans joining all Democrats opposed. GOP leaders worked overnight and the president himself leaned on a handful of skeptics to drop their opposition. Democratic leader Hakeem Jeffries of New York delayed voting for more than eight hours by seizing control of the floor with a record-breaking speech against the bill. Trump celebrated his political victory in Iowa, where he attended the kickoff for a year of events marking the country's upcoming 250th anniversary. "I want to thank Republican congressmen and women, because what they did is incredible," he said. The president complained that Democrats voted against the bill because "they hate Trump — but I hate them too." Trump said he plans to sign the legislation on Friday at the White House. The outcome delivers a milestone for the president and for his party. It was a long-shot effort to compile a lengthy list of GOP priorities into what they called his "one big beautiful bill," at nearly 900 pages. With Democrats unified in opposition, the bill will become a defining measure of Trump's return to the White House, aided by Republican control of Congress. "You get tired of winning yet?" said House Speaker Mike Johnson, R-La., invoking Trump as he called the vote. "With one big beautiful bill we are going to make this country stronger, safer and more prosperous than ever before," he said. Republicans celebrated with a rendition of the Village People's "Y.M.C.A.," a song the president often plays at his rallies, during a ceremony afterward. Tax breaks and safety net cuts At its core, the package's priority is $4.5 trillion in tax breaks enacted in 2017 during Trump's first term that would expire if Congress failed to act, along with new ones. This includes allowing workers to deduct tips and overtime pay, and a $6,000 deduction for most older adults earning less than $75,000 a year. There's also a hefty investment, some $350 billion, in national security and Trump's deportation agenda and to help develop the "Golden Dome" defensive system over the U.S. To help offset the lost tax revenue, the package includes $1.2 trillion in cutbacks to the Medicaid health care and food stamps, largely by imposing new work requirements, including for some parents and older people, and a major rollback of green energy tax credits. The nonpartisan Congressional Budget Office estimates the package will add $3.3 trillion to the deficit over the decade and 11.8 million more people will go without health coverage. "This was a generational opportunity to deliver the most comprehensive and consequential set of conservative reforms in modern history, and that's exactly what we're doing," said Rep. Jodey Arrington, R-Texas, the House Budget Committee chairman. Democrats united against the big 'ugly bill' Democrats unified against the bill as a tax giveaway to the rich paid for on the backs of the working class and most vulnerable in society, what they called "trickle down cruelty." Jeffries began the speech at 4:53 a.m. EDT and finished at 1:37 p.m. EDT, 8 hours, 44 minutes later, a record, as he argued against what he called Trump's "big ugly bill." "We're better than this," said Jeffries, who used a leader's prerogative for unlimited debate, and read letter after letter from Americans writing about their reliance of the health care programs. "I never thought that I'd be on the House floor saying that this is a crime scene," Jeffries said. "It's a crime scene, going after the health, and the safety, and the well-being of the American people." And as Democrats, he said, "We want no part of it." Tensions ran high. As fellow Democrats chanted Jeffries' name, a top Republican, Rep. Jason Smith of Missouri, chairman of the House Ways and Means Committee, called his speech "a bunch of hogwash." Hauling the package through the Congress has been difficult from the start. Republicans have struggled mightily with the bill nearly every step of the way, quarreling in the House and Senate, and often succeeding only by the narrowest of margins: just one vote. The Senate passed the package days earlier with Vice President JD Vance breaking the tie vote. The slim majority in the House left Republicans little room for defections. "It wasn't beautiful enough for me to vote for it," said Rep. Thomas Massie, R-Ky. Also voting no was Rep. Brian Fitzpatrick of Pennsylvania, who said he was concerned about cuts to Medicaid. Once Johnson gaveled the tally, Republicans cheered "USA!" and flashed Trump-style thumbs-up to the cameras. Political costs of saying no Despite their discomfort with various aspects of the sprawling package, in some ways it became too big to fail — in part because Republicans found it difficult to buck Trump. As Wednesday's stalled floor action dragged overnight, Trump railed against the delays. "What are the Republicans waiting for???" the president said in a midnight-hour post. Johnson relied heavily on White House Cabinet secretaries, lawyers and others to satisfy skeptical GOP holdouts. Moderate Republicans worried about the severity of cuts while conservatives pressed for steeper reductions. Lawmakers said they were being told the administration could provide executive actions, projects or other provisions in their districts back home. The alternative was clear. Republicans who staked out opposition to the bill, including Massie of Kentucky and Sen. Thom Tillis of North Carolina, were being warned by Trump's well-funded political operation. Tillis soon after announced he would not seek reelection. Rollback of past presidential agendas In many ways, the package is a repudiation of the agendas of the last two Democratic presidents, a chiseling away at the Medicaid expansion from Barack Obama's Affordable Care Act, and a pullback of Joe Biden's climate change strategies in the Inflation Reduction Act. Democrats have described the bill in dire terms, warning that cuts to Medicaid, which some 80 million Americans rely on, would result in lives lost. Food stamps that help feed more than 40 million people would "rip food from the mouths of hungry children, hungry veterans and hungry seniors," Jeffries said. Republicans say the tax breaks will prevent a tax hike on households and grow the economy. They maintain they are trying to rightsize the safety net programs for the population they were initially designed to serve, mainly pregnant women, the disabled and children, and root out what they describe as waste, fraud and abuse. The Tax Policy Center, which provides nonpartisan analysis of tax and budget policy, projected the bill would result next year in a $150 tax break for the lowest quintile of Americans, a $1,750 tax cut for the middle quintile and a $10,950 tax cut for the top quintile. That's compared with what they would face if the 2017 tax cuts expired.
MTV Lebanon
an hour ago
- MTV Lebanon
Trump to Sign 'Big, Beautiful' Bill on Independence Day
Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him to sign it into law on the US national holiday -- and they did so with a day to spare Thursday. Ever the showman, Trump will now meld a victory lap over the bill -- which cements his radical second term agenda -- with a grand party at the White House marking 249 years of independence from Britain. Trump announced that he would have a signing ceremony at the White House at 4:00 pm (2000 GMT) on Friday, and that the pilots who carried out the bombing on Iran were among those who had been invited. "We have the hottest country anywhere in the world today," the jubilant president told supporters at a rally in Iowa Thursday where he boasted of a "phenomenal" victory in passing the bill. "The age of America is upon us. This is a golden age." The bill is the latest in a series of big political wins at home and abroad for Trump, and underlines the 79-year-old's dominance over both the Republican Party and US politics at large, for now. But the tycoon and former reality TV star has glossed over deep concerns from his own party and voters that it will balloon the national debt, and gut health and welfare support. White House Press Secretary Karoline Leavitt said on Thursday that the ceremony would be "on the Fourth of July, just as the president always said and hoped it would be." First Lady Melania Trump was also set to attend the Independence Day event. The president's wife had told reporters on Thursday that a B-2 bomber, the type of aircraft that bombed Iran's nuclear facilities on June 22, and fighter jets would carry out a flypast for the July 4 event. And Trump told the rally-goers in Iowa that the pilots and others who worked on the mission would join him for the festivities. "They're going to be in Washington tomorrow, at the White House, we're going to be celebrating," he said. Trump forced through the bill despite deep misgivings in the Republican Party -- and the vocal opposition of his billionaire former ally, Elon Musk. It squeezed past a final vote in the House of Representatives 218-214 after Republican Speaker Mike Johnson worked through the night to corral the final group of dissenters. The sprawling mega-bill honors many of Trump's campaign promises: boosting military spending, funding a mass migrant deportation drive and committing $4.5 trillion to extend his first-term tax relief. The legislation is the latest in a series of big wins for Trump, including a Supreme Court ruling last week that curbed lone federal judges from blocking his policies, and the US air strikes that led to a ceasefire between Israel and Iran. But it is expected to pile an extra $3.4 trillion over a decade onto the US deficit. At the same time it will shrink the federal food assistance program and force through the largest cuts to the Medicaid health insurance scheme for low-income Americans since its 1960s launch. Up to 17 million people could lose their insurance coverage under the bill, according to some estimates. Scores of rural hospitals are expected to close as a result. Democrats hope public opposition to the bill will help them flip the House in the 2026 midterm election, pointing to data showing that it represents a huge redistribution of wealth from the poorest Americans to the richest.
Nahar Net
3 hours ago
- Nahar Net
Putin tells Trump Iran, Mideast conflicts should be solved diplomatically
by Naharnet Newsdesk 04 July 2025, 12:35 Russian leader Vladimir Putin stressed in a call with U.S. President Donald Trump that the Iran conflicts and others in the Middle East should be solved diplomatically. "From the Russian side, the importance of settling all disputed issues, disagreements and conflictual situations be solved exclusively by politico-diplomatic means was stressed," Kremlin aide Yuri Ushakov told reporters after the call.
