The U.S. Senate on Tuesday approved a significant tax and spending bill proposed by President Donald Trump. The vote resulted in a 50-50 tie, with three Republican senators voting against the package. Vice President JD Vance’s vote ultimately decided the outcome. The multi-billion dollar legislation now heads to the House of Representatives for further consideration before it can become law.
The proposed law allocates hundreds of billions of dollars in additional funding for immigration authorities, border security and the military. Tax reductions, primarily benefiting corporations and high-income earners, are intended to be offset by approximately one trillion dollars in cuts to the state-run Medicaid program. This could potentially impact approximately 12 million individuals with disabilities or low incomes, putting their health insurance coverage at risk.
Further provisions within the bill include reductions in food stamp programs and the planned closure of climate research stations. Incentives for the expansion of renewable energy sources are also slated for decreased funding.