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Trump’s second term Washington, your guide for what tools for business and world
Donald Trump is on the verge of providing flagship tax and spending legislation in the lower house of the flagship tax and the US Congress.
The draft of the discharge in which will whip US Taxes Increase costs and is the center of the President’s second-term agenda, and in the House of Representatives is a violent fighter center between Republicans.
The deputies are divided into health and social care programs and fears on the country’s background. The President has repeatedly intervened to pass the bill last week warning “We do not need excuses in the Republican Party.”
What is in the bill?
Min PLUS-page legislation “One, Big Beautiful Bett Activity” by Trump – expands many of the 2017 tax discounts held in the first period due to the end of the year. They reduce individual income tax and increase taxes on the central campaign collateral during the election last year’s election, increasing signs of income tax and the child’s tax credit.
Other measures increase property and gift tax benefits and a large number of business tax breaks, as well as $ 50 billion to increase border security, including the construction of a wall full of a minibus
Republicans reduced the health scheme for the United States for the poor – and the United States to increase the price label of the bill to $ 800 billion – and Hundreds of billions of cleaned from the food stamp program and energy tax credits. According to the Commonwealth Committee on taxes, universities and private foundations increased more than $ 22 billion, increasing taxes on investment income.
What happens after passing in Congress?
Once the house is transferred from the legislation, the Republic is moving forward in the senate. There are 100 MPs in the upper room Congress 53 The Republican Senators should support the law to include the bill for at least 50 trumps of at least 50.
If the Senate made any changes to the legislation, he would have to return home for another voice. Since expected to oppose the Democrats, the fate of the upper chamber can prepare a compromise between Most Republicans, Most Republicans, Kentucky’s Mike and Rand Paul’s Susan Collins as Mike Lee.
As in the house, there will be an overspring pressure from Trump to return the party’s legislation.
How will America affect public finance?
The analysis of independent organizations as a responsible budget and the University of Pennsylvania will add US debt to us 3.3tons in the next 10 years.
This is about 125 percent to 125 percent of the debt level of the world’s largest economy, until 125 percent, after the second World War.
Trump’s team will stand by 3.4 percent in the legislation, in the legislation as less tax and regulation, 6.4 percent in 3.4 percent in 3.4 percent in 3.4 percent.
The Presidential Economic Advisor Council increased or investing or investing or investing or investing in 7.4 mans in the first four years of the bill over the next four years.
Others warn that the impact of tax intersections and other measures will damage the US economy. They can “influence growth, but of course, the United States is not enough to understand the affects of the Bill of the Promotion to GDP to GDP.”
He added that a few days a few days after the US loan rating of the United States, the bill “Sold the US treasury into the status of triple-B”.
What will be for Trump?
The passage of the legislation is very important for the second-term agenda of the president and would claim it as a great political victory. Therefore will hope to improve its approval, so 47.3 percent Realplolitism the polling station.
When the papers could not approve the bill, the tax rates will increase by the minibus election, by delivering a financial hit in the minibus elections.
However, the legislation can return to Trump. The Democratic Party attacked his original 2017 tax discounts and helped the house of the house back in the 2018 carriage.
