Trump’s Bill Passed: The Tax and Spending Updates, Explained | WSJ
The Wall Street Journal·2025-07-04 04:23
The motion is adopted. [Applause] The House of Representatives passed President Trump's one big beautiful tax and spending bill. Sort of celebrating like the biggest bill of its kind ever signed and it's going to make this country into a rocket ship.It's going to be really great. We're going to take you through some of the highlights of this bill. They extended basically everything that was scheduled to expire as far as the 2017 tax cuts.Back then, in President Trump's first term, Congress set all these tax ...