U.S. Senate Passes President Trump’s Big New Bill: What Does It Mean? 🇺🇸📜
Hey everyone! Have you heard the big news from the United States? The U.S. Senate just passed a huge new bill proposed by President Donald Trump. Let’s dive into what this means! 🕵️♂️
What Is This Bill About? 🤔
The bill is all about taxes and government spending. It plans to cut taxes for many people, which means they might pay less money to the government when they earn money. But there’s more to it!
How Did the Vote Go? 🗳️
The vote was super close! It was 51 votes for and 50 votes against. The Vice President, JD Vance, had to cast the deciding vote. Usually, the Vice President doesn’t vote, but he does if there’s a tie. Isn’t that interesting?
Who Voted Against It? 🙅♂️
Not everyone agreed with the bill. Three Republican senators—Thom Tillis from North Carolina, Susan Collins from Maine, and Rand Paul from Kentucky—voted ‘no’ because they had concerns about the bill.
What’s Next? ➡️
Now, the bill goes to the House of Representatives. They will vote on it too. If they agree, President Trump wants to sign it into law by July 4th, which is Independence Day in the U.S. 🎆
Who Will Benefit? 😃
The bill could be really good for people who make a lot of money, especially those who earn more than $663,000 a year. They might get the biggest tax cuts.
Who Might Be Affected? 😟
Some programs that help people with low incomes might get less money. For example, the bill plans to cut spending on Medicaid, which helps people get healthcare, and on food aid for those who need help buying food.
What Do Experts Say? 🧐
The Congressional Budget Office (CBO), which tells the government how bills might affect the economy, says that about 12 million more people might not have health insurance if this bill becomes law.
Why Are People Concerned? 😕
Some people are worried because the bill would add a lot of money to the national debt—$3.3 trillion! That’s like if you borrowed a huge amount of money and had to pay it back later. Some say this could be a problem for young people in the future.
Different Opinions 🗣️
Some leaders think the bill is good because it could help the economy grow and create more jobs. Others think it’s not fair because it might take away important services from people who need them.
What Do You Think? 💭
It’s important to know about what’s happening in the world and how decisions can affect people. Now that you know more about this bill, what are your thoughts?
Reference(s):
U.S. Senate passes Trump's 'big, beautiful' bill, what's next?
cgtn.com