Back 04 Jul 2025

Trump’s sweeping tax-cut and spending Bill wins congressional approval

Summary: The article describes the passage of a sweeping tax-cut and spending bill by the Republican-controlled Congress. The bill, which received unanimous opposition from Democrats, will make Trump's 2017 tax cuts permanent and add new tax breaks. It will also cut health and food programs, leading to an estimated 3.4 trillion increase in the national debt.

Link: https://www.straitstimes.com/world/united-states/trumps-sweeping-tax-cut-and-spending-bill-wins-congressional-approval