Here's what's in Trump's "big, beautiful bill" passed by Congress
Washington — The House passed a massive spending and tax bill that includes signature policies of President Trump's second-term agenda Thursday, sending the so-called "big, beautiful bill" to the president's desk ahead of a July 4 deadline. Mr. Trump signed the bill into law on Friday afternoon.
The House approved the bill in a 218 to 214 vote Thursday, after the Senate narrowly approved the bill Tuesday in a 51-50 vote that required Vice President JD Vance to break a tie.
At the center the "big, beautiful bill" is an extension of Mr. Trump's 2017 Tax Cuts and Jobs Act, which was slated to sunset at the end of the year. The legislation would make most of the tax cuts permanent, while increasing spending for border security, defense and energy production.
The bill is partially paid for by significant cuts to health care and nutrition programs, like Medicaid and the Supplemental Nutrition Assistance Program, or SNAP. The Congressional Budget Office estimates the bill would add $3.4 trillion to federal deficits over the next 10 years and leave millions without health insurance. Republicans and the White House dispute those forecasts.
Senate Republicans used a process known as budget reconciliation to pass the bill, which limits the types of policies that can be included in a simple majority vote. A handful of provisions that initially appeared in the bill were ultimately removed, including one that would have ordered the sale of public lands and another that would have paused state regulations on artificial intelligence.
The House passed its own initial version of the legislation last month, with some key differences to the final Senate-crafted version. The lower chamber approved the Senate's changes Thursday, sending the measure to the president's desk.
To see what is in the 887-page bill, read the full article at:
https://www.cbsnews.com/news/whats-in-trump-big-beautiful-bill-senate-version/