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Trump’s signature tax cut and spending bill wins approval

Washington | President Donald Trump’s tax cut package cleared its final hurdle in the US Congress on Thursday (Friday AEST), as the Republican-controlled House of Representatives narrowly approved the massive bill and sent it to him to sign into law.

The 218-214 vote amounts to a significant victory for the Republican president that will fund his immigration crackdown, make his 2017 tax cuts permanent and deliver new tax breaks that he promised during his 2024 campaign.

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Reuters

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    Original URL: https://www.afr.com/world/north-america/house-republicans-pass-trump-s-tax-cut-bill-20250704-p5mcfj