In a major legislative win for President Donald Trump, the US Congress passed his sweeping USD 4.5 trillion tax and spending bill on Thursday, with the Republican-controlled House narrowly approving it in a 218–214 vote. The bill, known as the ‘Big Beautiful Bill’, now heads to the president for signing.
The ‘Big Beautiful Bill’ is a comprehensive legislative package that pairs permanent tax reductions with increased federal spending on conservative priorities. It also includes cuts to various social safety net programmes.
