Connect with us

Hi, what are you looking for?

Politics

Trump’s Signature Spending Bill Clears Key House Hurdle After Late-Night GOP Drama

After a night of political wrangling, House Republicans narrowly advanced President Donald Trump’s sweeping tax and spending bill in the early hours of Thursday morning, overcoming a major hurdle following tense negotiations and deep divisions within their own ranks.

House Speaker Mike Johnson had spent much of Wednesday locked in talks with skeptical GOP lawmakers, many of whom objected to the Senate’s revisions to the bill—dubbed by Trump as the “One Big Beautiful Bill.” Concerns ranged from fears over soaring deficits to the political fallout of deep cuts to Medicaid and food assistance programs.

Despite mounting pressure, the House initially failed to pass a procedural rule vote late Wednesday that would have brought the bill to the floor. Five Republicans—Andrew Clyde (GA), Brian Fitzpatrick (PA), Thomas Massie (KY), Keith Self (TX), and Victoria Spartz (IN)—sided with Democrats, stalling the measure. With eight Republicans holding out, the vote was left open for hours.

Trump took to Truth Social, venting his frustration: “MAGA IS NOT HAPPY, AND IT’S COSTING YOU VOTES!!!” he posted shortly after midnight. Half an hour later, he added: “THIS SHOULD BE AN EASY YES VOTE. RIDICULOUS!!!”

Ultimately, the pressure campaign paid off. Just before 3:30 a.m., the House passed the rule amendment by a narrow 219-213 vote, with only Rep. Fitzpatrick breaking from party lines.

The legislation—already approved by the Senate on Tuesday with a tie-breaking vote from Vice President J.D. Vance—includes Trump’s key second-term priorities: a permanent extension of his 2017 tax cuts, elimination of taxes on tips and overtime pay, and a significant boost to immigration enforcement and border security. To partially offset the costs, the bill slashes Medicaid spending and nutrition assistance, and reduces green energy tax credits.

But the revised Senate version drew fire from fiscal conservatives for ballooning the national debt. A report by the Congressional Budget Office (CBO) projected the bill would add $3.4 trillion to the deficit—roughly $1 trillion more than the original House version passed in May. The CBO also warned that the Medicaid cuts could leave 12 million Americans uninsured by 2034.

The intraparty friction underscored the challenge Johnson faces in managing a narrow and ideologically divided Republican majority. Even with Trump’s direct involvement—including meetings with House Freedom Caucus members and moderate Republicans—securing unity proved elusive.

Still, the late-night procedural win paves the way for final debate and a floor vote on the bill, which could happen later today. Johnson remained optimistic, insisting the legislation would pass before Trump’s self-imposed July 4 deadline.

“We’re going to meet our July 4 deadline, which everybody made fun of me for saying,” Johnson said. “This is going to end well.”

Whether it does will depend on whether Republicans can hold together just long enough to get the bill across the finish line.

Business

Fraudsters are increasingly using AI-generated images and videos to trick people into handing over sensitive personal and financial information, according to FraudSMART, the financial crime awareness initiative operated by the Banking and Payments Federation Ireland (BPFI). The organisation has reported a rise in online adverts promoting fake, State-backed investment schemes. These scams often use fabricated images of well-known politicians and business figures to make the offers appear legitimate and encourage users to click on registration links. Niamh Davenport, head of financial crime at BPFI, said scammers are deliberately exploiting recent media coverage of a planned State-backed savings and investment scheme to give their frauds a sense of credibility. “They often claim the scheme is open to everyone, but that places are limited and being ‘snapped up’ fast, in order to pressure people to act quickly,” she said. “They typically promise guaranteed returns or a guaranteed monthly income.” FraudSMART said that while anyone can be targeted, people in their early 50s are particularly vulnerable to investment scams. This age group is often focused on retirement planning, making them more receptive to financial offers that appear secure or high-yield. According to the organisation, most scams follow a similar pattern. Victims are first directed to click a registration link and complete a short online form providing their contact details. They are then contacted by someone posing as a financial adviser, who urges them to make an immediate “security deposit” to secure participation in the scheme. Once a payment is made, the money is quickly moved through multiple accounts, often overseas, making recovery extremely difficult. Davenport warned that scammers are becoming more sophisticated in their use of technology, particularly AI tools that allow them to create realistic but entirely fake promotional content. These materials are designed to mimic legitimate financial advertisements and build trust with potential victims. Recent figures from An Garda Síochána show investment fraud rose by 20% last year, with losses exceeding €20 million. The scale of individual scams varies widely, ranging from smaller crypto-related frauds involving a few hundred euro to large-scale investment schemes where victims lose tens of thousands. FraudSMART is urging the public to remain cautious when encountering online investment advertisements, especially those promising guaranteed returns or requiring urgent action. It also advises consumers to avoid sharing personal information with unverified sources and to be wary of pressure tactics designed to rush financial decisions. Authorities continue to warn that fraudsters are adapting quickly, using advanced digital tools to target victims across multiple platforms.

Trending

Business

Fraudsters are increasingly using AI-generated images and videos to trick people into handing over sensitive personal and financial information, according to FraudSMART, the financial crime awareness initiative operated by the Banking and Payments Federation Ireland (BPFI). The organisation has reported a rise in online adverts promoting fake, State-backed investment schemes. These scams often use fabricated images of well-known politicians and business figures to make the offers appear legitimate and encourage users to click on registration links. Niamh Davenport, head of financial crime at BPFI, said scammers are deliberately exploiting recent media coverage of a planned State-backed savings and investment scheme to give their frauds a sense of credibility. “They often claim the scheme is open to everyone, but that places are limited and being ‘snapped up’ fast, in order to pressure people to act quickly,” she said. “They typically promise guaranteed returns or a guaranteed monthly income.” FraudSMART said that while anyone can be targeted, people in their early 50s are particularly vulnerable to investment scams. This age group is often focused on retirement planning, making them more receptive to financial offers that appear secure or high-yield. According to the organisation, most scams follow a similar pattern. Victims are first directed to click a registration link and complete a short online form providing their contact details. They are then contacted by someone posing as a financial adviser, who urges them to make an immediate “security deposit” to secure participation in the scheme. Once a payment is made, the money is quickly moved through multiple accounts, often overseas, making recovery extremely difficult. Davenport warned that scammers are becoming more sophisticated in their use of technology, particularly AI tools that allow them to create realistic but entirely fake promotional content. These materials are designed to mimic legitimate financial advertisements and build trust with potential victims. Recent figures from An Garda Síochána show investment fraud rose by 20% last year, with losses exceeding €20 million. The scale of individual scams varies widely, ranging from smaller crypto-related frauds involving a few hundred euro to large-scale investment schemes where victims lose tens of thousands. FraudSMART is urging the public to remain cautious when encountering online investment advertisements, especially those promising guaranteed returns or requiring urgent action. It also advises consumers to avoid sharing personal information with unverified sources and to be wary of pressure tactics designed to rush financial decisions. Authorities continue to warn that fraudsters are adapting quickly, using advanced digital tools to target victims across multiple platforms.

You May Also Like

Politics

WASHINGTON — The Pentagon announced on Sunday that the United States will send a Terminal High Altitude Area Defense (THAAD) battery to Israel, alongside...

Health

NEW YORK — Teen smoking in the United States has reached an all-time low in 2024, with significant declines in overall youth tobacco use,...

Politics

WASHINGTON — As the countdown to the November 5 presidential election continues, former President Donald Trump is urging his supporters to aim for a...

Politics

In September, NASA announced that summer 2024 was the hottest on record. Just days later, the U.S. faced the dual impact of Hurricanes Helene...