President Trump scored a significant legislative victory as the House of Representatives narrowly passed his flagship budget and tax package—officially named the One Big Beautiful Bill—218‑214, following a razor‑thin 51‑50 Senate approval anchored by Vice President J.D. Vance’s tie‑breaking vote . The expansive 887‑page legislation makes the 2017 Trump tax cuts permanent, removes federal income taxes on tips and overtime, boosts border security and defense spending, while offsetting costs through sweeping reductions in Medicaid and SNAP . Nonpartisan estimates suggest the bill adds roughly $3.3–$3.4 trillion to deficits over the next decade and may result in as many as 12 million Americans losing health insurance . Advocates highlight economic growth and enhanced national security investments, while critics warn of the disproportionate impact on vulnerable communities and rising debt . Trump praised the bill as a “declaration of independence,” underscoring his continued sway over the Republican Party as he eyes midterm positioning.

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