A Budget for the Few

Tax cuts for the wealthy, cuts for the poor—Trump’s fiscal vision becomes law

President Donald Trump has secured a narrow but consequential legislative victory with the passage of his administration’s budget bill, approved by the House of Representatives in a 218–214 vote. Marketed by the president as the “Big Beautiful Bill,” the legislation delivers on key campaign promises while igniting fierce debate over its implications for American democracy, public welfare, and global alliances.