It appears there might be some confusion in the question. According to recent news, Trump's tax and spending bill, known as the "One Big Beautiful Bill," has made significant progress in the US legislative process. Here's what's happening :
- *Senate Progress*: The bill passed the Senate with a narrow 51-50 vote, thanks to Vice President J.D. Vance's tie-breaking vote. This comes after a dramatic late-night session where Senate Republicans advanced the bill's framework.
- *House Vote*: The bill has also passed the House of Representatives with a slim 218-214 majority. However, it's worth noting that the bill still faces opposition from Democrats and some moderate Republicans, particularly regarding its deep cuts to Medicaid and clean energy programs.
- *Bill Details*: The legislation would extend Trump-era tax cuts, provide new breaks for income from tips and overtime pay, and increase spending on the military and immigration enforcement. It also aims to reduce Medicaid funding and repeal green energy tax incentives.
*Key Provisions*:
- *Tax Cuts*: Extends 2017 Trump-era tax cuts and adds new breaks for tipped workers and overtime income
- *Defense Spending*: Increases military and border security funding
- *Medicaid Cuts*: Reduces Medicaid funding, affecting millions of low-income families
- *Clean Energy*: Repeals green energy tax incentives and subsidies
- *National Debt*: Projected to add $3 trillion to the national debt by 2035
The bill's future remains uncertain, with potential amendments and debates expected in the House .
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