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What does Trump’s second term for Washington, Business and the world mean

The wider tax and expenditure of Donald Trump is close to the bill being enacted, as the Republican President’s run to complete the July 4 deadline – but it should still cross a host of obstacles.

On Monday, the American Senate was Preparation to vote On “Big, Beautiful Bill”, which will increase Trump’s 2017 tax deduction, slash healthcare and welfare expenses and increase borrowings. But the factional fight within its Republican party threatened to derail the timeline.

Will the Senate approve the bill – and when?

The Senate on Monday began weighing a series of amendment in the bill in a process, which was expected to be pulled throughout the day. A final vote in the Senate was expected to be held on Monday on Monday or on Tuesday.

Tusrap On Monday morning, he insisted that the bill was “walking well”. But its progress depends on the ability of Republic leaders to win on suspicious senators. Losses in the party are worried that the bill will increase US debt. Others worry about low income and its deep deduction for disabled Americans.

Two Republican Senators – Kentaki’s Rand Paul and North Carolina’s Thom Tilis – have said that they will vote against the bill. Others including Ron Johnson of Wisconsin and Lisa Murkovski of Alaska have also expressed concern.

Democrats have accused the Republican that they are trying to root the bill through “in the Dead of Night” and have demanded a delayed to amend the 940-page bill on the Senate floor, forcing them to amend the 940-page bill and amend the text.

If Republican controls the Congress, why are Trump struggling to pass the bill?

The Republican Representatives hold the slim in both the House of the Assembly and the Senate, which means that the bill can be held from a small number of MPs.

In the Senate, where the Republican has a 53–47 majority, fiscal Hawks, including Paul and Johnson, says the bill will further increase the US debt pile. The budget office of the non-Pakistani Congress has said that the law will increase in the national Loan by $ 3.3TN by 2034,

Others, such as Tilis, have objected to its deduction to the government health insurance program Medicade for low -income people. This bill will take away millions of health insurance in the next decade.

Home, where Republican has 220-212 majority, Passed your own version Last month of law. But any change made by the Senate should be approved before the law is signed.

A handful of Republicans in House Freedom Caucus have already objected to the price tag of the Senate Bill, while more liberal members oppose the deep cuts of the Senate version for Medicade.

Republicans in New York and New Jersey are also trying to attack an agreement on cutting more state and local taxes.

How can all these Congress work be solved?

While most bills need to be cleaned a 60-Vote “filibster” range to pass the 100-member Senate, trying to pass the “large, beautiful bill” through a special process known as Republican budget reconciliation. This allows the law to be approved with a simple majority of 51 votes, and 50–50 tie can be broken by Vice President JD Vance.

After passing the Senate, the bill will need to go back to the House, perhaps at the end of this week. The House passed its version of the bill by one vote only in May, so the lower chamber may be more wrangling before approved another version.

If the House disagrees with the Senate Bill, there are some different options. The House can modify it and send it back to the Senate, where it will still need another vote. Or two chambers can send members to a conference committee to make a compromise.

What happens if the Congress remembers Trump’s deadline?

Not much – In the Congress, a time limit was fixed by the White House and Republic leaders to pressurize the bill to pass the bill. The longer they talk, the more difficult it will be to enact a law by Independence Day holiday on 4 July.

Last week, Trump admitted that the deadline could slip. “This is not the end,” he said. “We can go longer, but we want to complete it by that time if possible.”

In June, A series of elections Showed that the law was roughly unpopular. About half (49 percent) Americans opposed the law, while 29 percent favored it, according to a pew research poll.

“Poll shows that this bill is a political suicide for the Republican Party,” Elon MuskIn 2024, Trump’s top donor, recently posted on X.

At some point in the coming months, the Congress needs to expand the loan limit for the US government to pay for the bills earned. The law will survive the crisis at $ 36.1TN by increasing the so -called debt roof by $ 4TN or $ 5TN.