Fiscal Policy

Inside Trump’s Massive Tax and Spending Bill: What Washington Won’t Tell You

By Economics Desk | July 3, 2025

Congress just passed Trump’s landmark bill locking in trillions in tax cuts, funding border security, and trimming welfare abuses—despite fierce Democrat opposition. Here’s what they’re not telling you.

In a hard-fought victory for conservative America, President Donald Trump’s expansive tax and spending bill has cleared its final hurdle in the House, setting the stage for signature into law well ahead of the July 4 deadline. This nearly 900-page legislation isn’t just a budget; it’s a decisive affirmation of America First priorities—permanent tax relief, border security, national defense funding, and welfare reform. Permanent Tax Relief for American Families and Businesses At its core, this bill locks in approximately $4.5 trillion in tax cuts that would otherwise expire by year-end—averting a massive tax hike on hardworking Americans. It cements the...

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