Tax cut

House Passes $4.5 Trillion Tax Cut Bill

In a narrow 217-215 vote, the House of Representatives approved a budget resolution that includes $4.5 trillion in tax cuts, significant increases in defense and border security funding, and $2 trillion in spending reductions over the next decade. The bill represents a cornerstone of President Donald Trump’s economic agenda, aiming to stimulate growth while curbing federal waste. All Democrats and one Republican, Rep. Thomas Massie (R-Ky.), opposed the measure, citing concerns about its impact on the national deficit.

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