On May 22, 2025, the Republican-majority House passed President Trump's significant multitrillion dollar tax cut and spending bill known as the 'One Big, Beautiful Act' by a narrow margin of 215 to 214. All Democrats opposed the bill, and two Republicans voted against it, highlighting a contentious political atmosphere. This legislation is intended to extend tax cuts from Trump's first term while proposing cuts to low-income Medicaid funding, marking it as a pivotal aspect of Trump's agenda for his second presidential term, poised for further revisions in the Senate.
The Republican-majority US House of Representatives on Thursday passed President Donald Trump's multitrillion dollar tax cut and spending bill, a key part of Trump's policy agenda for his second White House term.
The 'One Big, Beautiful Act' now will head to the Senate, where it is expected to see changes.
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