Contentious Congressional Bill Ushers in Major Tax Reforms

The U.S. Congress has passed a contentious bill that fulfills several key campaign promises made by President Trump, including permanent tax cuts and new tax breaks. However, the legislation also sparked protests for slashing health and safety programs.

Passed by a narrow 218-214 vote in the House and ratified by the Senate, the legislation faced staunch opposition from Democrats, who labeled it a gift to billionaires. Only two Republicans voted against the bill, citing insufficient spending cuts and concerns over healthcare impacts.

While the bill aims to stimulate economic growth, it increases national debt by $3.4 trillion. Critics argue that it disproportionately benefits the wealthy while compromising healthcare for millions, leaving Democrats poised to leverage these issues in upcoming elections.

(With inputs from agencies.)