By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
businesspressbusinesspressbusinesspress
Notification Show More
Font ResizerAa
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Reading: Trump’s Huge, Magnificent Plan’ Lowers Taxes and Expenditures After Being Passed by Congress
Share
Font ResizerAa
businesspressbusinesspress
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Have an existing account? Sign In
businesspress > Blog > Business > Trump’s Huge, Magnificent Plan’ Lowers Taxes and Expenditures After Being Passed by Congress
BusinessNews

Trump’s Huge, Magnificent Plan’ Lowers Taxes and Expenditures After Being Passed by Congress

BusinessPress
Last updated: July 4, 2025 8:33 am
BusinessPress
Published July 4, 2025
Share
83391805007 getty images 2198244826
SHARE

Donald Trump and his domestic agenda have achieved a major and arduous triumph with the passage of his expansive tax and spending measure by the US Congress. By a vote of 218 to 214 on Thursday afternoon, the House of Representatives approved the bill following a taxing session on Capitol Hill. By a single vote on Tuesday, the Senate approved it.

Trump had set a deadline of July 4th for the Republican-controlled Congress to provide a final draft of the measure to him for ratification. The measure may leave millions without health coverage and increase government deficits by $3.3 trillion (£2.4 trillion) over the next ten years, according to the Congressional Budget Office. The White House contests this assessment.

The law will “turn this country into a rocket ship,” Trump told reporters Thursday night. “This bill will be very beneficial to the nation,” he declared. On July 4, a national holiday, he is scheduled to sign it into law at a ceremony. After the vote, Republican Speaker Mike Johnson triumphantly left the House and told reporters that “belief” was essential to mobilising his party’s support.

Representative Chip Roy, a Republican from Texas, was one of the people he had to persuade. Only days prior, when the Senate passed its version of the plan, Roy had firmly opposed it. He referred to the Senate version as a “travesty,” but by the time voting started, he had changed his mind.

Also Read:

Steven Looije: Offering Real Estate Expertise for Smart Investments With HUIS Real Estate

Pioneering Gene Silencing To Fight Cancer: Merle Fuchs As The CEO Of PRAMOMOLECULAR

You Might Also Like

At Abu Dhabi Art, 81 Designs and Studio Lél Collaborate for a Social Cause

Yango Drive Identifies the Major Trends in UAE car Rentals for 2024

Top 10 Interior Design Companies in Dubai You Should Check out

Following a Historic Election Defeat in Australia, the Liberal Party Selects its First Female Leader

US-Based Aureus Tech Systems to be Acquired by Happiest Minds for $8.5 Million

Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Social Medias
Facebook X-twitter Instagram Linkedin
Popular News
nik
BusinessNews

Nikkei 225, Kospi Climb as Japan PM Resigns, China Trade Data Boosts Sentiment

editor
editor
September 8, 2025
5 Facts About Entrepreneurship That Most People Don’t Think About
A Revision to EU Visa regulations will target Israeli nationals.
This Week, Funding and Acquisitions in Indian Startups
FlyDubai Will Start Operating Flights to Damascus on June 1st, Becoming the First UAE Airline to Visit Syria in 12 Years

Categories

  • Business
  • Crypto
  • Event
  • Fashion
  • Finance
  • Gaming
  • Health & Fitness
  • Interview
  • Lifestyle
  • Marketing
  • News
  • Opinion
  • Photography
  • Press Release
  • Real Estate
  • Science
  • Social Media
  • Software
  • Startups
  • Technology
  • Uncategorized
  • World
Reading: Trump’s Huge, Magnificent Plan’ Lowers Taxes and Expenditures After Being Passed by Congress
Share

About US

Business Press is an online media platform dedicated to providing valuable insights into the business world, covering a wide range of niches including technology, finance, marketing, health, artificial intelligence, events, software, cryptocurrency, and more. With a team of experienced journalists and industry experts, Business Press delivers the latest trends, analysis, opinion pieces, and exclusive interviews, catering to the needs of entrepreneurs, professionals, and business enthusiasts. The platform is committed to offering content that is informative, engaging, and thought-provoking, helping readers stay ahead in the ever-evolving business landscape.

Contact Now

sales@businesspress.online
+91.9899630849

© Business Press 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?