The “One Big Beautiful Bill Act” Act was adopted after Donald Trump and the chairman of the Chamber of Representatives Mike Johnson through many hours of night negotiations managed to convince a group of almost all “rebellious” politicians of their own party to support the most important law so far for the president.
To do this, they made one of the Wednesday's procedural votes lasted seven hours and 15 minutes, which was a new record, while the next lasted an additional six hours.
Even before the final vote, the record was also broken by the Democrats leader Hakeem Jeffries, who spoke against the act for over 8 hours and 44 minutes.
The new law was formally called “one great beautiful act” because it combines many Trump's tax promises. Among others consolidation of tax cuts introduced in 2017 for 10 years, as well as tax exemption, overtime earnings and social security benefits – with deep cuts of social expenditureincluding State health insurance for the least earners (Medicaid), private insurance subsidies under Obamacare or vouchers programs for the purchase of food (SNAP).
In addition, the project provides for an increase in the budget for migrants and border security, introduces high fees for asylum seekers, and also contains a one -off increase in defense expenses by $ 150 billion, which is to increase expenses to $ 1 trillion.
Johnson described the Thursday voting as the most important in the lives of most congressmen and announced that President Trump “already waits with a pen “to sign the law. This is to happen on Friday, on the US Independence Day. Trump appointed this day to the Congress as a boundary date for the adoption of its law.
During his record speech, the Democrats leader Hakeem Jeffries warned that the law would deprive the health of the poorest Americans and that “will launch a huge deportation machine on steroids“, which was approved by representatives of Republicans and the White House.
According to the analysis of the Congress Budget Office (CBO), despite the assumed cuts, the project will contribute to increasing the deficit in the budget by $ 3.8 trillion within 10 years. CBO also forecasts that the Senate version of the project will cause almost 12 million Americans to lose health insurance.
