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Originally published by Capital Businessbusiness
July 4, 2025
4mo ago
Congress passes Trump’s ‘big, beautiful bill’ cutting taxes and spending

JULY 4 - The US Congress has passed Donald Trump's sprawling tax and spending bill in a significant and hard-fought victory for the president and his Kenya breaking news | Kenya news today |..
✨ Key Highlights
The US Congress has approved Donald Trump’s significant tax and spending bill, marking a major win for the president's agenda. The House passed it by a vote of 218 to 214 after it was approved in the Senate by a narrow margin.
- The bill is projected to add $3.3 trillion to federal deficits over the next decade.
- Trump plans to sign the bill into law on July 4.
- It includes cuts to food benefits and health care, while making tax cuts permanent, but faced criticism from Democrats for its impact on low-income Americans.
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