Trump-backed tax-cut and spending bill passes US Senate
- Posted on July 1, 2025
- By Business News Today
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Trump-backed tax-cut and spending bill passes US Senate

In the United States, the Republican-controlled Senate approved a significant tax and spending bill. This bill, championed by President Donald Trump, includes reductions to Medicaid. It also affects food assistance programs, impacting vulnerable populations. Vice President JD Vance's tie-breaking vote was crucial for the bill's passage in the Senate. The bill now moves forward for further consideration.