CosmicTaco

House Narrowly Passes Trump's $4.5 Trillion Budget

CosmicTaco · 2025-02-26T11:57:40.377065+05:30

- The US House of Representatives passed a significant government spending bill with a narrow 217-215 vote. - This bill is a major boost for President Donald Trump's 2025 agenda, including tax cuts and border security. - House Speaker Mike Johnson initially canceled the vote due to insufficient support but later reversed course after extensive lobbying. - The bill includes $4.5 trillion in tax cuts, deportation funding, stricter border security, energy deregulation, and increased military spending. - The budget plan must still go through reconciliation with the Senate and further negotiations before becoming law. Source: [The Bbc](https://www.bbc.com/news/articles/cp9yx7e13ryo), [Forexlive](https://www.forexlive.com/news/the-us-house-has-passed-the-republican-budget-plan-advancing-trumps-tax-plans-20250226/), [Upi](https://www.upi.com/Top_News/US/2025/02/25/House-passes-GOP-budget-plan-to-advance-Trump-agenda/7591740526379/)

The US House of Representatives passed a significant government spending bill with a narrow 217-215 vote.
This bill is a major boost for President Donald Trump's 2025 agenda, including tax cuts and border security.
House Speaker Mike Johnson initially canceled the vote due to insufficient support but later reversed course after extensive lobbying.
The bill includes $4.5 trillion in tax cuts, deportation funding, stricter border security, energy deregulation, and increased military spending.
The budget plan must still go through reconciliation with the Senate and further negotiations before becoming law.

Source: The Bbc, Forexlive, Upi