Donald Trump may already smile. His “Great and beautiful “Fiscal Lawperhaps its largest legislative project so far, has definitively overcome the parliamentary process For his entry into force. After another long and lit debate and between cracks in the republican ranks, the House of Representatives The US has approved the text by four votes, 218 in favor and 214 against.
It is a set of purely Trumpist measures to finance its government agenda. The law includes a Increase in defense spending and in border securityas well as in the games for fight the entry of immigrants. But it also includes a generalized tax drop and a remove in sanitary coverage and other social items, as he had been promising before even his inauguration.
The law, which Trump has always defended with altisonant words, already caused more than a Discussion in Republican ranks as it passes through the Senate. Despite having a majority of the Republican party, the vote had to resolve with the ‘Quality vote‘of the vice president, Jd vanceafter a initial draw.
Moments before the final vote in the House of Representatives – the US Congress – the FMI He warned of the dangers of fiscal megaproject, which goes against the recommendations made to the US by the body. In the words of the IMF spokesman, Julie Kozack, they encouraged to “reduce their fiscal deficit […] to place public debt in relation to GDP on a clearly descending path. “
