House Passes Trump’s ‘Big, Beautiful Bill’

“Republicans on Thursday notched the first major legislative victory of President Donald Trump’s second term, a mammoth tax and immigration agenda the GOP hopes will reshape the U.S. economy and unwind many of the Biden administration’s accomplishments,” the Washington Post reports.

“The House, in a 218 to 214 vote, passed Trump’s so-called ‘One Big Beautiful Bill,’ a $3.4 trillion measure to extend tax cuts from Trump’s first term and implement new campaign promises — such as eliminating income taxes on tips and overtime wages — while spending hundreds of billions of dollars on immigration enforcement and defense.”

“It raises the country’s borrowing cap by $5 trillion, staving off a debt default that the Treasury was weeks away from breaching.”