Big, beautiful wins: Passage of sweeping tax cut legislation caps summer of victories for Trump

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Big, beautiful wins: Passage of sweeping tax cut legislation caps summer of victories for Trump

His critics said President Trump would find it impossible to pass his tax cut mega-bill through Congress, let alone get it done before the July 4 recess.

But this summer has provided Mr. Trump with a succession of wins that were capped on Thursday by the 218-214 vote to send the measure, dubbed the One Big Beautiful Bill, to his desk.

With the bill’s passage, he’s turned most of his campaign promises into law just six months into his second administration.

“Campaigns are filled with promises and ‘most’ administrations are filled with excuses but NOT @Potus, who once again delivered for the American people,” said Mark Meadows, who served as White House Chief of Staff during Mr. Trump’s first term, on X.

The sweeping tax cut legislation checks off many of the most important items on Mr. Trump’s agenda, not the least of which was permanently extending the tax cuts for individuals he enacted in 2017. The measure also ends most taxes on tips, overtime and Social Security for older adults. The measure also tackles Medicaid, which has exploded in size and cost over the past decade.

The bill reins in the entitlement to exclude unauthorized immigrants and those who do not qualify for the benefits, which will curb Medicaid growth by $1 trillion over the next decade. The measure adds $46.5 billion to finish Mr. Trump’s No. 1 campaign promise in 2016, which went unfulfilled during his first term: Building a wall along the U.S. border with Mexico.

The bill significantly boosts military spending, including $25 billion for a Golden Dome defense system, another item Mr. Trump promised on the campaign trail.

It fulfills the wishes of the anti-abortion wing of the party by ending Medicaid funding for Planned Parenthood, an abortion provider.

Mr. Trump plans to sign the mega-bill on July 4, and when he does, it will clinch several weeks of significant victories for his presidency and his party.

The president this week won a tariff stare-down with Canada, forcing the country to back off a threat to impose a 3% digital services tax that would have hurt U.S. tech companies. The stock market roared to record highs amid tariff deals secured by Mr. Trump and a stronger-than-expected jobs report.

Foreign policy wins are also stacking up. Mr. Trump last week was the toast of NATO, where he was credited with significantly boosting the defense contributions from member nations. Days earlier, Mr. Trump ordered precision strikes on Iran’s nuclear enrichment facilities, leaving them inoperable for the foreseeable future and perhaps permanently. He announced a ceasefire between Israel and Iran and is closing in on a deal to end Israel’s war with Hamas.

Some of Mr. Trump’s victories were on a smaller scale, but they fulfilled some of his most important campaign pledges.


 
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