#OneBigBeautifulBill The law referred to by President Trump as the greatest and most beautiful law is awaiting its second round in the Second Chamber of the U.S. Congress. Today in the Senate it was approved, but it must convince more than 280 legislators in the lower house, many Democrats who do not approve of this bill at all.
If approved, although it is difficult for it to be sanctioned on July 5 as Trump promised, it could considerably affect tax collection by about 3 trillion dollars. Among its items, it mentions:
📍Tax cuts for the upper-class population, but not for the rest of Americans.
📍It promotes an annual budget of over 487 million dollars to subsidize a detention center in Florida for illegal migrants, and subsequent deportation. A plan for mass deportations is initiated.
📍The Medical Card would be annulled, a federal health plan used by more than 70 million people (young people and low-income workers.)
🔊The fiscal deficit in the U.S. is alarming, and the FED considers that the proposed cuts in this bill are insignificant in relation to the economic crisis. Eloquent signs of this fiscal reality and the spending of the Trump government that do not allow for cuts.