US Congress gives final approval to Trump's signature tax bill
Briefly

The US Congress approved President Trump's $4.5 trillion One Big Beautiful Bill Act, finalizing the legislation with a narrow 218-214 vote. GOP leaders mobilized efforts to gain support, even as Democrats united against the bill. The legislation includes crucial tax breaks from 2017, empowers workers to deduct tips and overtime, and offers a significant $6 billion aid toward national security. The approval represents a pivotal point in Trump's second term and the GOP's legislative agenda, especially ahead of a key deadline.
"We have a big job to finish," said House Speaker Mike Johnson. "With one big beautiful bill we are going to make this country stronger, safer and more prosperous than ever before."
The outcome delivers a major win for the president and his party. It was a long-shot effort to compile a lengthy list of GOP priorities into a single 800-page package.
At its core, the package's priority is $4.5 trillion (€3.8 trillion) in tax breaks enacted in 2017 during Trump's first term that would expire if Congress failed to act.
This includes allowing workers to deduct tips and overtime pay, and a $6,000 (€5,105) deduction for most older adults earning less than $75,000 (€63,822) a year.
Read at euronews
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