May 22, 2025 4:31 PM - Connect Newsroom
The US House approved Trump's tax cuts and big spending bill today. This will add about $4 trillion to the current $36 trillion debt of the US over the next 10 years.
The bill includes several of Trump's campaign promises, such as extending the tax breaks he took office in 2017 and eliminating the tax on overtime pay.
In addition, the bill provides for billions of dollars in border security to crack down on deportations. It will be funded by cuts to green energy incentives.