The "Big and Beautiful" bill, focused on tax reform, spending cuts, and national security, passed the House after a dramatic overnight session. The bill's passage marks a significant milestone for Trump's second term and will have lasting effects. Economic analysis is included, considering both potential benefits and the projected increase in the national deficit.
The "Big and Beautiful" bill passed the House 218 to 214.
The bill includes tax cuts for the middle class.
Economic experts offer differing views on the bill's impact on the national deficit and GDP growth.