LONDON DAILY ARCHIVE
Trump Scores Legislative Win as House Passes Tax Reform Bill
The 'big, beautiful bill' moves closer to becoming law with GOP support
04 July 2025 · 11:21 UTC

The bill, which Trump has praised as a 'big, beautiful bill,' includes broad reductions in corporate taxes and adjustments to personal tax rates.
Supporters hail it as a growth stimulant for the U.S. economy, while critics warn it could deepen inequality and inflate the national deficit.