After over 24 hours of debate, US Senate Republicans narrowly passed Donald Trump’s major tax and spending bill, the One Big Beautiful Bill Act, with Vice-President JD Vance casting the tie-breaking vote. The bill now returns to the House, where it still faces opposition. Three Republican senators – Susan Collins, Thom Tillis, and Rand Paul – joined Democrats in voting against it, while Lisa Murkowski reluctantly supported it despite concerns over Medicaid cuts in Alaska. The bill makes Trump’s earlier tax cuts permanent and reduces spending on social programmes, sparking criticism for its rushed process and impact on vulnerable Americans.
Tax and Spending Bill
Trump celebrated the passage of the bill. “It’s a great bill,” he said. “There is something for everyone.”
Table of Contents
Read More News on Latest Malaysia
Follow us on:
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV


Leave a Reply
You must be logged in to post a comment.