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US Senate passes Trump's 'big beautiful' tax and cuts bill after turbulent all-nighter
euronews (in English)
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02/07/2025
US Senate passes Trump's 'big beautiful' tax and cuts bill after turbulent all-nighter
The package now goes back to the House, where Speaker Mike Johnson had warned senators not to overhaul what his chamber had already approved.
READ MORE : http://www.euronews.com/2025/07/01/us-senate-passes-trumps-big-beautiful-tax-and-cuts-bill-after-turbulent-all-nighter
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00:00
Senate Republicans passed U.S. President Donald Trump's controversial Big Beautiful bill on
00:07
Tuesday. The tax breaks and spending cuts bill powered its way past a fierce opposition from
00:12
the Democrats and within the Republican ranks. The bill passed on a tie-break vote cast by Vice
00:18
President J.D. Vance after the upper chamber of U.S. Congress was stuck at a 50-50 deadlock.
00:23
On this vote, the yeas are 50, the nays are 50. The Senate being evenly divided,
00:30
the Vice President votes in the affirmative. The bill as amended is passed.
00:35
The majority of disagreements were over Trump's proposed cuts to Medicaid.
00:40
The U.S. President wants to cut around $1.2 trillion, largely to Medicaid and food stamps,
00:46
which Democrats and a number of Republican lawmakers found alarming.
00:49
Senate Democrats say the proposed cuts put millions at risk of losing health care at the
00:54
expense of pleasing billionaires. Because of this bill, tens of millions will lose health insurance.
01:01
Millions of jobs will disappear. People will get sick and die. Kids will go hungry and the debt
01:10
will explode to levels we have never seen. All so that the billionaires and corporate special
01:16
interests get a permanent tax break. This bill is so irredeemable that one Republican literally
01:25
chose to retire rather than vote yes and decimate his own state. The bill also includes roughly $4.5
01:33
trillion in tax cuts, making permanent Trump's 2017 rates in addition to those he campaigned on,
01:39
like no taxes on tips and overtime work. Independent financial analysts and accounting firms say the tax
01:46
is structured in a way to predominantly benefit the rich. More than a third of the cuts would benefit
01:52
households generating an income of approximately half a million dollars annually. The package now
01:57
returns to the lower chamber, the House of Representatives, where Speaker Mike Johnson will
02:02
race to obtain final approvals to send the bill back to Trump before his July 4th deadline.
02:07
Mr. 15.
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