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On Thursday, the House passed a massive tax-and-spending bill on a 218-214 vote, sending it to the Oval Office for President Donald Trump's signature. Two Republicans, Thomas Massie of Kentucky and Brian Fitzpatrick of Pennsylvania, voted with all Democrats against Trump’s “One Big Beautiful Bill," at the center of which is an extension of the 2017 Tax Cuts and Jobs Act. The legislation makes most of the tax cuts permanent, while increasing spending for border security, defense, and energy production, at the expense of programs such as Medicaid and the Supplemental Nutrition Assistance Program, or SNAP. “I want to thank Republican congressmen and women, because what they did is incredible,” Mr. Trump said. “You get tired of winning yet?” said House Speaker Mike Johnson (R-LA). “With one big beautiful bill we are going to make this country stronger, safer and more prosperous than ever before." The Tax Policy Center, which provides nonpartisan analysis of tax and budget policy, projected the bill would result next year in a $150 tax break for the lowest quintile of Americans, a $1,750 tax cut for the middle quintile and a $10,950 tax cut for the top quintile. That’s compared with what they would face if the 2017 tax cuts expired.
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