The president of the United States, Donald Trump, has fulfilled his goal of signing this Friday, coinciding with Independence Day, the “Great and beautiful” Fiscal Law That on Thursday the Congress approved, at the end of an arduous processing complex that has raised the division into the Republican party but that the president has celebrated as a “victory.”
Trump has assured that it is “The most popular law” of the United States, claiming among other things the massive cuts in taxes and in public spending, as well as that more funds will be dedicated to “modernize” the armed forces or improve border security. “We want strong borders,” He has stressed in a speech.
The president, which assumes that this law will promote a “Mass economic growth” And “it will lift citizens who work hard and make the country work,” he thanked the efforts of the main Republican leaders in Congress to carry out the reform.
The law will lower taxes and will increase military spending and in surveillance of immigration, but will reduce the item for health. Moreover, it is anticipated that almost twelve million people will now remain without medical insurance by 2034.
The Congress Budget Office It also estimates that the tax package will add 3.3 billion dollars (2.8 billion euros) to the deficit in 10 years.
