*The Law of a Single Beautiful Invoice*
The Law of a Single Beautiful Invoice, officially known as the Law of a Single Beautiful Invoice, is a legislative proposal driven by President Donald Trump. Its main objective is to "Make American Families and Workers Prosper Again" through the introduction of significant tax cuts, strengthening border security, and reforming the healthcare system.
*Key Provisions:*
- *Tax cuts:*
- Eliminate taxes on tips and overtime
- Reduce taxes on social security benefits
- Permanent tax cuts of up to 15% for individuals earning between $30,000 and $80,000
- Increase the child tax credit to $2,500 until 2028
- *Border security:*
- Build new border structures, including 701 km of primary wall and 900 km of river barriers
- Increase border personnel, including 10,000 new ICE agents and 3,000 new border patrol agents
- *Healthcare:*
- Eliminate Medicaid access for 1.4 million undocumented immigrants
- Prohibit Medicaid coverage for gender transition treatments for minors
- *Other measures:*
- Invest in American infrastructure
- Streamline federal bureaucracy
- Empower small businesses
- Protect American innovation
The bill has been approved by the House of Representatives with Republican support, but it still requires Senate approval and the President's signature to become law. Trump has expressed his enthusiasm for the bill, calling it "the most significant legislation in history".