House Passes Controversial Tax and Spending Bill | JQJO

The House passed the "One Big Beautiful Bill Act", a sweeping tax and spending bill championed by President Trump. It includes tax cuts, increased defense spending, and border security funding, offset by cuts to Medicaid, food stamps, and green energy initiatives. The bill faces an uncertain future in the Senate, with several Republican senators expressing concerns about the deep cuts to Medicaid. The Congressional Budget Office estimates the bill will add $3.8 trillion to the national debt. While the House passed the bill along party lines, Senate Republicans remain divided, potentially leading to significant changes before a final vote.