Related News

First black Premier League referee dies

First black Premier League referee dies

June 9, 2025
Palestinians ‘need to be able to return home’, minister says to Trump’s plan of Gaza takeover

Palestinians ‘need to be able to return home’, minister says to Trump’s plan of Gaza takeover

February 5, 2025
Sky Mavis Launches NFT Trading Contest On The Ronin Network

Sky Mavis Launches NFT Trading Contest On The Ronin Network

February 21, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

Related News

First black Premier League referee dies

First black Premier League referee dies

June 9, 2025
Palestinians ‘need to be able to return home’, minister says to Trump’s plan of Gaza takeover

Palestinians ‘need to be able to return home’, minister says to Trump’s plan of Gaza takeover

February 5, 2025
Sky Mavis Launches NFT Trading Contest On The Ronin Network

Sky Mavis Launches NFT Trading Contest On The Ronin Network

February 21, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
CONTRIBUTE
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
IIHS NEWS - AI Curated content
No Result
View All Result
Home Breaking News

Trump’s ‘big, beautiful bill’ has sparked ugly debate – so why is it so controversial?

Sarah Taylor by Sarah Taylor
July 2, 2025
in Breaking News, US News, World
0
Trump’s ‘big, beautiful bill’ has sparked ugly debate – so why is it so controversial?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

It is certainly big – 940 pages long – but on the question of beauty, Congress is divided.

You might also like

Gallagher brothers share a high-five and hug as Oasis reunite on stage after 16 years

Emma Raducanu out of Wimbledon after losing to world number one

At least 13 people confirmed dead and more than 20 missing from girls camp in Texas flooding

Donald Trump’s “big, beautiful bill” has sparked ugly debate – both for its ambitious scope and for the political manoeuvring that’s gone on around it.

Elon Musk branded it “political suicide” for Republicans and threatened to fund challenges against those who back it in next year’s midterm elections.

But the president hit back, suggesting he would consider cutting Musk’s lucrative government contracts or even deporting him back to South Africa.

The “big, beautiful bill”, or HR 1 to give the proposed legislation its proper title, is Mr Trump’s signature spending and tax policy.

It extends tax cuts he secured in 2017 and bankrolls his second-term agenda in the White House.

Please use Chrome browser for a more accessible video player

Here is a summary of the key points:

Trump’s USAID cuts could lead to 14 million deaths, report warns

Donald Trump latest: Elon Musk responds as US president ‘to take a look’ at whether to deport him

What’s in Trump’s ‘Big Beautiful Bill’?

• Permanent tax cuts: Extending relief from the 2017 Tax Cuts and Jobs Act

• Small business support: Doubling the small business expensing limit to $2.5m (£1.8m) to help businesses expand and hire staff

• Child tax credit: Expanding the child tax credit and making it permanent, benefiting 40 million families

• Making housing affordable: Expanding the low-income housing tax credit to kickstart construction of affordable homes

• Defence and border security: Allocating $170bn (£123bn) for border security alone, including $46bn (£33bn) for completing the border wall

• Made-in-America incentives: Providing tax breaks and incentives for domestic manufacturing to promote US industry

• Healthcare and social welfare: Implementing restrictions on Medicaid, which provides healthcare for millions of Americans, and reducing funding for certain healthcare and nutrition programmes.

👉 Follow Trump100 on your podcast app 👈

Clash over ‘monster’ debt bill

Musk, Mr Trump’s former ally and the man who established the Department of Government Efficiency (DOGE), claimed the bill “raises the debt ceiling by $5trn, the biggest increase in history.”

“DOGE is the monster that might have to go back and eat Elon,” was President Trump’s response.

The national debt currently stands at $37trn (£27trn) and the Congressional Budget Office (CBO) estimates that the bill could add $2.4trn (£1.7trn) to that over the next decade.

Please use Chrome browser for a more accessible video player

Bill splits Republican ranks

Republican Senator Thom Tillis voted against the bill and, following criticism from the president, announced he would not seek re-election in North Carolina.

He said he couldn’t support it due to his concerns about the impact cuts to Medicaid would have on people in his state.

Democrats in the Senate forced a full reading of all 940 pages and then a vote-a-rama, a series of marathon voting sessions.

Read more from Sky News:
Elon’s dad on the Musk-Trump bust-up
How Musk’s cost-cutting mission fell flat

Listen to The World with Richard Engel and Yalda Hakim every Wednesday

In the House of Representatives, it passed by a single vote, 215-214. In the Senate, Vice President JD Vance, had to cast the deciding vote to break a tie (50-50).

Legislatively, the progress of the bill has been a case study in the complexities of American law-making.

Strategically, it represents a mammoth effort to consolidate the president’s policy agenda and secure his legacy.

Read Entire Article
Tags: Breaking NewsSkynewsUS
Share30Tweet19
Sarah Taylor

Sarah Taylor

Recommended For You

Gallagher brothers share a high-five and hug as Oasis reunite on stage after 16 years

by Sarah Taylor
July 5, 2025
0
Gallagher brothers share a high-five and hug as Oasis reunite on stage after 16 years

Oasis have reunited on stage for the first time in almost 16 years - with brothers Liam and Noel Gallagher sharing a high five and the briefest of...

Read more

Emma Raducanu out of Wimbledon after losing to world number one

by Sarah Taylor
July 4, 2025
0
Emma Raducanu out of Wimbledon after losing to world number one

Emma Raducanu has been knocked out of Wimbledon after losing to top seed Aryna Sabalenka in the third round.

Read more

At least 13 people confirmed dead and more than 20 missing from girls camp in Texas flooding

by Sarah Taylor
July 4, 2025
0
At least 13 people confirmed dead and more than 20 missing from girls camp in Texas flooding

At least 13 people have been killed in the US state of Texas after heavy rain caused flash flooding, according to local media reports.

Read more

Starmer would be foolish not to recognise the threat posed by a left-wing Corbyn party

by Sarah Taylor
July 4, 2025
0
Starmer would be foolish not to recognise the threat posed by a left-wing Corbyn party

Those of us who remember Jeremy Corbyn's leadership of the Labour Party with a fond nostalgia will never forget how chaotic it was.

Read more

Sentence for 15-year-old boy who killed elderly man to be reviewed

by Sarah Taylor
July 4, 2025
0
Sentence for 15-year-old boy who killed elderly man to be reviewed

A 15-year-old boy who killed a man in a Leicestershire park will have his sentence reviewed because it may have been too lenient.

Read more
Next Post
Trump says Israel has agreed on terms for 60-day ceasefire in Gaza, and has warning for Hamas

Trump says Israel has agreed on terms for 60-day ceasefire in Gaza, and has warning for Hamas

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

First black Premier League referee dies

First black Premier League referee dies

June 9, 2025
Palestinians ‘need to be able to return home’, minister says to Trump’s plan of Gaza takeover

Palestinians ‘need to be able to return home’, minister says to Trump’s plan of Gaza takeover

February 5, 2025
Sky Mavis Launches NFT Trading Contest On The Ronin Network

Sky Mavis Launches NFT Trading Contest On The Ronin Network

February 21, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS – AI Curated content

IIHS.NEWS will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Blockchain Breaking News Business Entertainment Health Care Insidebitcoins newsbtc Politico Skynews Techcrunch Technology UK US USMagazine Variety World

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.