The House of Representatives He has ended up approveing the Megaley One Big Beautiful Bill Act. This reform dates back to 2017, when The US president made a law that mainly reduced taxes to companies and rich and some clauses were expanding this year.
Although the Republicans control the camera and the Senate, Trump's Megaley nicknamed as Obbba, has generated tensions in the block. Loyal Trumpists were in favor of the approval of said law unlike The moderate Republicans to whom the measure generated controversy.
Trump comes out again with his: submits the Republicans, and from now on, the rich will pay less taxes
The ratification of OBBBA implies tax drops for people and companiesdeductions for families with children and older people, More expense in migratory defense and control and strong impact on the fiscal deficitsince the government will spend more than you enter, among other clauses.
But to be able to approve taxes in taxes, The megaley forces to cut programs such as Medicaid, health systems for poor people, in social programs, also in food coupons or green energy. In addition to increasing the country's deficit, a great concern for economists predict that It could cost more than 3 billion dollars in 10 years.
Trump comes out again with his: submits the Republicans, and from now on, the rich will pay less taxes
Read too
But still Trump has managed to get yours and the law has already been approved in the House of Representatives and the Senate after a Really complicated vote, for more than 6 hours the One Big Beautiful Bill Act has been discussed until the last undecided of Trump's tax reform is convinced.
With 218 votes in favor of the fiscal reduction of 4.5 billion dollars that benefit the highest income and punishes the poor has been approved. The new law will arrive on time for Donald Trump to sign it this Friday, July 4, Independence Day.
