Source: Financial Times [UK]
“The US House of Representatives has passed Donald Trump’s showpiece tax bill by a single vote after days of wrangling between disparate factions of his Republican party, paving the way for the first big legislative success of his second term. The Republican-controlled House voted at about 7am in Washington by 215-214 to approve the more than 1,000-page legislation, which would slash taxes, reduce social spending and increase federal debt. It now goes to the Senate, where the Republicans hold a slim majority.” (05/22/25)