House Passes Trump Bill

Politics are colliding with the holiday this year.

[ABS News Service/05.07.2025]

The House passed Republicans’ major policy bill in a tight vote, 218 to 214, that was mostly along party lines. Representatives rushed and wrangled to meet the Fourth of July deadline President Trump had set.

As a refresher, here are some of the major things the legislation does:

· Extends tax cuts that had been scheduled to expire at the end of the year

· Eliminates some taxes on tips and overtime pay

· Funds more defense and border security

· Cuts Medicaid funding by nearly $1 trillion

· Increases the debt limit by $5 trillion