Back 02 Jul 2025

Trump’s tax bill passes US Senate as Republicans notch major win ​  

Summary: Trump’s $3.3 trillion tax and spending cut bill passed the Senate with a 51-50 vote, including a tie-breaking vote from Vice President JD Vance. The bill, combining $4.5 trillion in tax cuts with $1.2 trillion in spending cuts, faces opposition from some Republicans in the House, particularly regarding Medicaid reductions and state and local tax deductions. Democrats argue the bill is regressive, disproportionately benefiting the wealthy while cutting anti-poverty programs.

Link: https://www.theedgesingapore.com/news/us-politics/trumps-tax-bill-passes-us-senate-republicans-notch-major-win