US Edition'Big Beautiful Bill' Passed By House: What It Means For MI
UNITED STATES, JUL 4 – The bill eliminates Tesla’s U.S. emission credit system, a revenue source of $1.79 billion in 2024, as part of a $4.5 trillion package that extends tax cuts and reduces social program funding.
- On Thursday, the House passed the Big Beautiful Bill with a 218-214 vote, adding $3.5 trillion to the deficit and awaiting Trump's signature on July 4.
- After Vice President JD Vance broke a 50-50 Senate tie with three GOP defections, Speaker Mike Johnson kept House voting open past 3:30 a.m. to meet a July 4 deadline.
- The Congressional Budget Office projects a $2.4 trillion deficit increase through 2034, with wealthy households gaining about $12,000 annually and over $1 trillion in Medicaid and CHIP cuts.
- Every member of Connecticut’s delegation voted against the bill; Gov. Lamont warned of devastating impacts and pledged to analyze and mitigate effects.
- As President Trump prepares to sign the bill on July 4, Lamont plans to analyze its impact and consult the Connecticut General Assembly on mitigation strategies.
25 Articles
25 Articles
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Every political season brings bold claims, heated debates, and a lot of confusion about what’s actually happening in Washington. The latest round of healthcare and economic policy changes has sparked fierce argument, especially about Medicare, Medicaid, and the nation’s spending habits. Let’s break down what’s really in this “Big, Beautiful Bill,” clear up a few myths, and look at how these changes could shape the country’s future. When politici…
thepress.net
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House Republicans lifted President Donald Trump’s $4.5 trillion tax breaks and spending cuts bill to final passage Thursday, overcoming multiple setbacks to approve his signature second-term policy package before a self-imposed Fourth of July deadline. Washington state representative Jim Walsh (R-Aberdeen) joined “Seattle’s Morning News” just before the House sent the bill to the president’s desk to explain why this “big, beautiful bill” is nece…
Trump gets major win as USD 4.5 trillion 'Big Beautiful' bill passed by US Congress
The US Congress has passed Trump's USD 4.5 trillion 'Big Beautiful Bill,' marking a major victory in his second term. The legislation delivers sweeping tax cuts and funds core conservative priorities, overcoming internal Republican disagreements and unanimous Democratic resistance.
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