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What will Trump’s tax and spending bill do to the US national debt?

What will Trump’s tax and spending bill do to the US national debt?

3 July 2025byThe editor

What will Trump’s tax and spending bill do to the US national debt?

BBC US politics

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Ask PolitiFact: How does Trump’s bill affect SS solvency?
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‘A dark day for our country’: Democrats furious over Trump bill’s passage
Congresswoman Rashida Tlaib condemns major policy bill as ‘disgusting’ as party vows to ‘mobilize and fight back’Democrats have erupted in a storm of outrage over the passage of the Donald Trump’s budget bill, delivering scathing critiques that offered signs of the attack lines the party could wield against Republicans in next year’s midterm elections.Party leaders released a wave of statements after the sweeping tax and spending bill’s passage on Thursday, revealing a fury that could peel paint off a brick outhouse. Continue reading...
No one wanted Trump’s devastating budget bill. Of course it passed | Moira Donegan
The bill steals from the sick, elderly and hungry, and gives to billionaires and jackboots. But Republicans will follow their leader anywhereThe budget reconciliation bill that passed the US House of Representatives on Thursday and was promptly to be signed into law by Donald Trump represents the particular perversity of national politics in America: seemingly no one wants it, everyone hates it, and it is widely agreed to be devastating for staggering numbers of Americans. And yet, the bill felt inevitable: it was a foregone conclusion that this massive, malignant measure was something that everyone dreaded and no one had the capacity to stop.They didn’t really even try. In the Senate, a few conservative Republicans made noise about the bill’s dramatic costs: the congressional budget office estimates that the bill will add $3.3 tn to the deficit over the coming decade, and the senator Rand Paul, a budget hawk from Kentucky, declined to vote for it for this reason. But other Republicans, who used to style themselves as fiscally responsible guardians against excessive government spending, engaged in a bit of freelance creative accounting in order to produce an estimate that falsely claimed the cost of the bill would be lower. Most of them quickly found themselves on board. Continue reading...
Keir Starmer says good relationship with Donald Trump based on shared family values
On first anniversary of Labour taking power, prime minister says it is ‘in the national interest’ for pair to connectKeir Starmer has spoken about his good relationship with the US president, Donald Trump, and their shared family values.To mark the first anniversary of the Labour government coming to power on Friday, the prime minister spoke to the BBC podcast Political Thinking and said it was “in the national interest” for the two men to connect. Continue reading...
Trump kicks off 4 July celebrating tax-and-spending bill and promising UFC fight at White House
At a rally in Iowa, the president said he ‘hates’ lawmakers who opposed his signature bill, and looked ahead to plans to mark the 250th anniversary of America Donald Trump has celebrated the passage of his signature tax and spend legislation by declaring “there could be no better birthday present for America” on the eve of the 4 July holiday.The US president took a victory lap during an event in Des Moines, Iowa, that was officially billed as the start of a year-long celebration of America’s 250th anniversary, in 2026. Continue reading...
Trump references bankers with antisemitic slur in Iowa speech to mark megabill’s passage – as it happened
This blog is now closed. Read our story on the megabill hereJeffries has just passed the five-hour mark and has no intention of stopping: “We still got some ground to cover.”“We are going to continue as Democrats to take our sweet time on behalf of the American people because the issues are too significant to ever walk away from,” Jeffries said, to cheers from the Democrats in the chamber. Continue reading...

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