INSUBCONTINENT EXCLUSIVE:
including Speaker Mike Johnson and President Trump, worked intensely to secure enough votes for the largest tax cut in American history.The
government now has the resources to secure the U.S
border and expand American energy, ensuring stable, affordable electricity for households and investors for years.All Democrats and two
Republicans opposed the bill, highlighting deep divisions in Congress
permanent the tax cuts first enacted in 2017
It removes federal taxes on tips, overtime pay, and Social Security income
It offers tax relief to seniors and enhanced childcare tax credits.The law also raises the cap on state and local tax deductions from
$10,000 to $40,000 for five years, which benefits people in high-tax states.These tax changes seek to boost take-home pay and support
The bill reduces Medicaid funding for illegal immigrants and able-bodied adults not eligible for the program.Lawmakers say these changes
Leading to the Largest Tax Cut in American HistoryOn spending, the bill provides $175 billion for border security and $150 billion for
defense, including finishing the border wall and funding the Golden Dome.It supports stronger immigration enforcement and mass deportation
The CBO estimates tariffs will generate about $2.8 trillion during the same period
Critics warn about rising deficits and reduced support for vulnerable groups.This law redirects government priorities from social programs
and climate angst to tax relief, defense, border enforcement, and energy independence.It reflects the priorities of the current
administration and the Republican-led House to move the country away from far-left policies, fostering renewed self-confidence and optimism
budgets and the broader economy.The close vote underscores the difficulty of passing major reforms in a divided Congress
This bill marks a significant change in U.S
economic and social policy for years to come.
