House Passes Sweeping Tax and Medicaid Bill; Trump Poised for Independence Day Signing
House Passes Sweeping Tax and Medicaid Bill; Trump Poised for Independence Day Signing
The House of Representatives has passed President Donald Trump’s signature legislative package, a sweeping bill encompassing significant tax reductions and changes to Medicaid, sending it to the President’s desk for an anticipated signing on Independence Day. The final vote, which occurred late on July 3, marks a major legislative victory for the Trump administration and House Republicans, who pushed the $3.3 trillion domestic agenda through Congress despite internal party dissent and unanimous Democratic opposition.
The passage came after days of intense debate and political maneuvering. House Minority Leader Hakeem Jeffries (D-NY) staged a record-breaking filibuster-style speech, lasting over eight and a half hours on July 3, in a last-ditch effort to delay the vote and protest the bill’s provisions, which he argued disproportionately benefit the wealthy while cutting essential services. Despite Jeffries’ marathon address and earlier resistance from conservative Republicans concerned about the bill’s soaring price tag, House Speaker Mike Johnson (R-LA) confidently asserted, “We have the votes,” securing the necessary support in the chamber where Republicans hold a razor-thin majority.
The bill, which passed the Senate on July 1 with Vice President JD Vance breaking a 51-50 tie, includes permanent extensions of 2017 tax cuts, new deductions for tips and overtime, a temporary deduction for Social Security beneficiaries, and a permanent increase to the Child Tax Credit. Critically, it also imposes nationwide Medicaid work requirements, effective January 1, 2027, and is projected to cut nearly $1 trillion from the program, potentially impacting millions of low-income Americans.
President Trump had set an Independence Day deadline for the bill’s passage, aiming for a celebratory signing on July 4. With the House’s approval, the President is now poised to sign the legislation, which he has dubbed his “big, beautiful bill,” potentially during a White House ceremony or a public event as part of the nation’s 250th birthday celebrations. This legislative achievement underscores the political muscle of the GOP’s trifecta control, secured in the 2024 elections, allowing them to advance their agenda at a rapid pace.
Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your rights have been infringed, contact us for removal.