Senate Republicans have managed to pass President Donald Trump’s massive tax-and-spending bill, a package that could add $3.3 trillion to the national debt. The legislation is now set to move to the House of Representatives for potential final approval.
What Happened: The Senate passed the bill by a narrow margin on Tuesday, as reported by Reuters. The bill, which encompasses tax cuts, reductions in social safety net programs, and increased spending on the armed forces and immigration enforcement, is now headed to the House of Representatives. Despite opposition from some Republicans, Trump wants to sign it into law by the July 4 holiday.
