Trump's 'big, beautiful' bill unveiled: Tax cuts, mass deportations, child credit and more
- Posted on July 1, 2025
- By Business News Today
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Trump's 'big, beautiful' bill unveiled: Tax cuts, mass deportations, child credit and more

The US Senate on Tuesday narrowly passed President Donald Trump's big tax breaks and spending cuts bills. The Senate approved President Trump's $4.5 trillion spending bill, extending tax cuts, increasing military spending, and funding border security. The bill is however expected to increase the debt of America and leave millions without healthcare coverage.