July 3, 2025
Trump Needs 1 More Piece for Economic Agenda to Work. He May Not Get It.
President Donald Trump’s domestic agenda got an enormous boost Thursday as House lawmakers approved his multitrillion tax and spending bill despite the objections of conservative Republicans concerned about its impact on the deficit. The president laid out his case for the legislation, which makes tax cuts from his first term in office permanent while making notable reductions to Medicaid and other social benefits, in a social media post aimed at recalcitrant lawmakers. “Largest Tax Cuts in History and a Booming Economy vs. Biggest Tax Increase in History, and a Failed Economy,” Trump said before the vote.