US House passes Trump’s showpiece tax bill

22/05/2025 Argaam


The US House of Representatives has passed Donald Trump’s showpiece tax bill by a single vote after days of wrangling between disparate factions of his Republican party, paving the way for the first big legislative success of his second term.
 
The Republican-controlled House voted in Washington by 215-214 to approve the more than 1,000-page legislation, which would slash taxes, reduce social spending, and increase federal debt.
 
“To our friends in the Senate, I would just say, the president is waiting with his pen,” House Speaker Mike Johnson said from the House floor ahead of the vote.
 
Nonetheless, several Republican senators have already said they will require significant changes to the bill before agreeing to vote for it.
 
This bill focuses on the Republican Party's commitment to extending the approximately $4.5 trillion in tax relief Trump introduced during his first term in 2017 while adding new relief he adopted during his 2024 election campaign.

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