US House passes Trump’s sweeping tax-cut bill, sends on to Senate

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WASHINGTON: Republican -controlled US House of Representatives easily approved a clean tax and spending bill, which will make the most part of President Donald Trump’s policy agenda on Thursday and will cut the country with trillions of dollars.

The bill will fulfill the promises of Trump’s popularity campaign, which will increase the new tax breaks on indicators and car loans and increase costs on military and border implementation. According to the Budget Office of the non -Partisan Congress, it has increased the federal government’s $ 36.2 trillion debt by about $ 3.8 trillion in the next decade.

Trump called a “one, big, beautiful bill” in which 215-214 was approved, in which all the Democrats of the Chamber and two Republicans are voting against it. A third Republican voted for ‘Hali’.

Before Trump can sign his law, this package will also have to be approved in the Republican -controlled Senate. The vote came after a push of the marathon, which continued to discuss the bill in two consecutive nights to the lawmakers.

The 1,000 -page legislation will extend corporate and individual tax deductions during Trump’s first term of employment in 2017, with former Democratic president who will cancel many of the green energy privileges approved by Biden and will be tightened for the poor. It will also fund Trump’s crackdown on immigration, which will include tens of thousands of border guards, and will create room for a million people every year.

The bill was passed despite the growing concerns over US debt, which has reached 124 % of GDP, leading to a decrease in the United States’ advanced credit rating last week through Moody last week.

The US government has recorded budget deficits every year of this century, as the Republican and Democratic administration have failed to equally cost alignment with income.

According to the CBO, 1 out of every 8 dollars spent by the US government last year is accounting for interest, which is higher than the money spent on the military. Its share is to increase to 1 out of every $ 6 in the next 10 years as the elderly population pushes the government’s health and pension costs, even if Trump’s budget bill is not taken into account.

Investors, who are unusual for the US financial stance and extraordinary tariff measures, are rapidly selling dollars and other US assets that are based on the global financial system.

“We are not re -setting the deck chairs on the titanic tonight,” said Thomas Masi, a representative of Kentucky, one of the two Republicans who voted against the bill. We are putting coal in the boiler and doing a course for iceberg.

Loan Deadline of the roof of the debt

Republican supporters of the bill argued that failure to approve it increases taxes for many American families. They also intend to use this bill to extend the federal government’s debt range, a stepmother should take summer in summer or the danger of mobilizing destructive default.

“The country’s success depends on Wednesday,” said Stephanie Base, a representative of the Oklahoma Republican. “These are supporters of development, whose presidents are in great favor, and so are we moving forward.”

With a narrow majority of 220-212, House Speaker Mike Johnson could not afford to lose more than a handful of votes.

On the right of the party, the Republican called for deepening deepens to reduce the impact of the budget, but he met the resistance of the centerists, who feared that they would fall much on the 71 million low -income Americans who enrolled in the Medicated Health Program.

Johnson made changes to address conservative concerns, for medical recipients at the end of 2026, two years ago, two years ago, pushing a new work requirement. According to the CBO, this will start several million people with the program. The bill will also be fined by the states that expand Medicated in the future.

Johnson also extended the deduction break in state and local tax payments, which was a priority for a handful of Central Republicans who represents high tax states like New York and California.

Reducing the benefits for working Americans, the Democrats blew up the bill as a proportional benefit to the wealthy. The CBO found that it would reduce the poorest income of 10 % of US households and increase revenue by 10 %.

“This bill is a scam, a tax scam designed to steal you, the American people and give Trump’s billionaire and billionaire friends,” said Democratic representative Jim McGuver.

The Senate, where the Republican has a 53-47 majority, is not expected to take the bill by the beginning of June. Senate top Republicans have said that the chamber can make significant changes to the bill before it is approved.