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Trump Pushes for July 4th Tax Bill Passage | JQJO

Trump Pushes for July 4th Tax Bill Passage

Trump Pushes for July 4th Tax Bill Passage

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President Trump is pushing the Senate to pass his $4.5 trillion tax cut and spending bill by July 4th. The bill includes massive tax cuts, increased border security spending, and work requirements for some government assistance programs. Republicans have a narrow majority, making passage uncertain. Democrats strongly oppose the bill, criticizing its cuts to Medicaid and food stamps. The bill also raises the debt ceiling by $4 trillion, a necessity to avoid a government shutdown. Senate Republicans are negotiating amendments to secure enough votes, potentially altering some tax breaks to achieve passage.

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