U.S. House of Representatives votes to pass "Big and Beautiful" bill
2025/07/04 07:34
PANews July 4 news, Xinhua News Agency reported that the U.S. House of Representatives passed the "Big and Beautiful" tax and spending bill promoted by President Trump with 218 votes in favor and 214 votes against on the afternoon of the 3rd. The bill has been controversial because it has caused cuts in federal aid, increased long-term debt, and tax cuts for the rich and large companies. Two Republican congressmen voted against the bill that day. The bill was passed by the Senate on the 1st of this month. The White House said on the 3rd that Trump is scheduled to sign the bill on the 4th, the U.S. "Independence Day", to make it effective.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Polymarket faces manipulation allegations as $58M Zelenskyy suit bet nears resolution
Polymarket, the crypto-based prediction market platform, is under fire over a high-stakes bet on whether Ukrainian President Volodymyr Zelenskyy wore a suit before July. As the $58 million market nears final resolution, allegations of manipulation have shaken user confidence and…
Share
Crypto.news2025/07/04 12:29
Bitcoin spot ETFs had a net inflow of $602 million yesterday, with Fidelity ETF FBTC leading the way with a net inflow of $237 million
PANews reported on July 4 that according to SoSoValue data, the total net inflow of Bitcoin spot ETFs yesterday (July 3, Eastern Time) was US$602 million. The Bitcoin spot ETF
Share
PANews2025/07/04 11:55
Stablecoin concept rebounded during the session, and Beijing North hit the daily limit
PANews reported on July 4 that according to Cailianshe, the concept of stablecoins rebounded during the session, Beijing Beifang hit the daily limit, and its stock price hit a new
Share
PANews2025/07/04 11:18