Trump’s ‘Big Beautiful Bill’: The objective of the Senate is to pass by this date; Hope it ‘even soon’
Senator Ron Johnson said there is a strong chance that Donald Trump’s “Big Beautiful Bill” can be passed by the Senate and land at the US President’s desk by July, possibly before the August holiday.“I think we can do it before the August holiday, yes, and perhaps even more than that,” Johnson told Fox News.President Trump has first urged the Congress to send the bill to its desk by July 4, “surely the most important piece of law which will ever be signed in the history of our country.”Legislatively legislative package-formally known as “a large, beautiful bill”, which bundles major tax reforms, spending, and border security proposals simultaneously, purpose that aims to reopen major areas of American policy.At its core, the bill of more than 1,000 pages attempts to make the 2017 tax deduction of Trump permanent, while adding new tax brakes, such as tips, overtime, and car loans deduction for interest. This proposes to increase the standard cuts to $ 32,000 for joint filers, increase the child tax credit to $ 2,500, and offer a cut of $ 4,000 for some seniors.But the bill has promoted backlash on the proposed cuts in federal programs. This involves the major deduction in spending on Medicade and Supplementary Nutrition Assistance Program (SNAP). The Congress budget office estimates that the bill may cut Snap expenditure by $ 295 billion in the next decade and can push around 3.2 million people every month by tightening the needs of work and transferring higher costs to the states.While the Republican Senate (53-47) holds a minor majority, the opposition remains-only from Democrats but also with some GOP senators also concerned about the impacts on the weaker population and the ability to spoil the federal deficit.
