Home Breaking News Trump celebrates: he received the approval of his budget package

Trump celebrates: he received the approval of his budget package

5
0

Donald Trump received his symbolic taxes on taxes and expenses after the House of Representatives approved the bill, which gave the US President a political triumph six months after the start of his second term.

The vote from 218 to 214 in the ward occurred after the leader of the democratic minority Hakim Jeffris opposed what he called the ugly legislation within eight people and 44 minutes in the symbolic act of call.

The approval of the chamber occurred a few hours after the president suffocated an uprising among the Republicans of the Chamber, which threatened to postpone what Trump calls him a “great and beautiful bill.”

“Are they already tired of victory?” Said President of the House of Representatives Mike Johnson in a speech before the camera shortly before the final vote.

Celebration of Republicans with Mike Johnson after voting in the House of Representatives

“We have a government that takes into account and is responsible to people again,” Johnson added, praising a decrease in taxes of the bill and money to strengthen the security of the borders, two promises of Trump’s campaign.

The President will sign the bill at 5 pm on Friday in Washington, according to the White House secretary Caroline Livitt, thus observing the independent term on July 4.

The legislation expands the extensive decrease in taxes of the first administration of Trump, partially paid with a strong reduction in Medicaid, a public health insurance plan for Americans with a low income and disabled person and other social support programs.

The bill will also abolish Biden’s tax benefits for clean energy, while increasing investments in the army and funds for Trump’s offensive for immigration.

It is assumed that in the long run it will add more than $ 3 billion to American debt, which caused fears among economists.

Jeffris, the leader of the Democratic Party of the House of Representatives, attacked what he called the “destructive consequences” of “this reckless republican budget.”

The Senate approved this measure on Tuesday after the Vice President JD Wence made a decisive voice.

The approval of the camera completes the rapid start of the second term of Trump. The President introduced radical tariffs, announced radical restrictions on immigration and strengthened the executive branch.

In foreign policy, he began air attacks on Iran’s nuclear facilities, but it was difficult for him to reach the peace agreements that he promised in Gaza and Ukraine.

The fiscal bill has always been central to Trump and its chief officials, mainly because it implements many aspects of his 2024 campaign platform, including financial relief of advice and the payment of overtime and support of fossil fuel.

But in order to ensure voting, the president had to turn the hand of the Republicans who are worried about the influence of the bill on public debt and the healthcare system, fiercely attacked members of the chamber that performed.

The president was to overcome the campaign to terminate the legislation of billionaire Elon Mask, who financed his election campaign, but fought with him last month.

Mask said that he was investing in election campaigns to bring down the Republicans who support legislation, which can add billions of dollars on public debt.

The bill includes an increase of $ 5 billion per roof of federal debt, the greatest unique increase in the limit that limits the amount that the government may take.

In the end, all members of Trump, except for two, approved the legislation: a representative of Kentukki, Thomas Massie and Brian Fitzpatrick from Pennsylvania.

But all the democrats opposed the bill, the tax provisions, according to them, in the vast majority will benefit the rich, while the reduction in expenses will leave millions of Americans without medical insurance.

Trump argued that the reduction in taxes of the bill will marked a new era of high stature. Nevertheless, the greatest short -term financial impact of the legislation will be sought from an automatic increase in income tax, which, otherwise, would enter into force in 2026.

The American index of the dollar has constantly fallen since Trump took this position in January, which reflects the nervousness of investors with great shortage. Nevertheless, the prices of US actions have been restored since the fall of April, caused by Washington’s aggressive tariff plans.

The legislation has already established the political lines of the battle before half -period elections next year.

Republicans claim that they had fulfilled Trump’s electoral promises, while the democrats attack them because they turned away at middle -level households.

Despite the criticism of the financial impact of the bill by some corporate sectors of the United States, American business groups largely supported the legislation from the extension of tax reduction.

Nevertheless, groups of pure energy will affect the reduction of subsidies. Hospitals that are attended by low -level communities that depend on public medical care will also be negatively affected.

LEAVE A REPLY

Please enter your comment!
Please enter your name here