HawkInsight

  • Contact Us
  • App
  • English

The U.S. Senate votes to approve procedural motion to advance the "big and beautiful" bill

According to online reports, according to CCTV News, on June 28 local time, the U.S. Senate passed a procedural motion with a vote of 51 to 49. The motion aims to promote what U.S. President Trump called "big and beautiful". Large-scale tax and spending bills. The possibility of the bill passing in the coming days has increased after a procedural vote in the U.S. Senate. It is reported that after this procedural motion is passed, the large-scale tax and spending bill will undergo reading, debate, amendment voting and final voting. It is expected to take several days, with the goal of sending it to the President of the United States for signature before July 4. In the early morning of May 22, local time, the Republican-controlled House of Representatives of the United States struggled to pass a large-scale tax and spending bill with a one-vote advantage and submitted it to the Senate for review. The bill contains multiple provisions and exceeds 1000 pages, focusing mainly on tax cuts and spending cuts. The bill would extend the corporate and personal tax cuts passed by Trump in 2017 during his first term as president, provide new tax breaks for tips, car loans, etc., while increasing defense spending and providing more money to combat illegal immigration.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More