The Republican-controlled House of Representatives has passed a major tax and spending bill closely aligned with President Trump’s agenda, which may add $3.8 trillion to national debt over the next decade. The legislation enacts tax breaks, increases military spending, expands border security, and modifies social services. Despite the bipartisan concerns around national debt and interest payments surpassing military expenditure, the 215-214 vote reflects a strong push from Republicans to fulfill Trump’s campaign promises before seeking Senate approval.
The 1,000-page legislation would extend corporate and individual tax cuts passed in 2017 during Trump's first term, while tightening eligibility for health and food programs for the poor.
The bill would fulfill many of Trump's populist campaign pledges, delivering new tax breaks on tips and car loans and boosting military and border spending.
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