In a dramatic turn of events, the U.S. House of Representatives has just passed former President Trump’s controversial $3.5 trillion budget bill with a razor-thin margin of 216 to 214. This monumental vote comes after a record-setting speech from House Speaker Mike Johnson, who confidently predicted the bill’s passage just hours before the vote. However, the outcome reveals deep divisions within the Republican Party, as two members broke ranks to side with Democrats, citing concerns over the escalating federal deficit.

As the clock ticks, this bill is poised to become law, with President Trump eager to sign it before the Fourth of July. Critics argue that the legislation, which could increase the national debt by an alarming $5 trillion, represents a dangerous shift in fiscal policy that disproportionately benefits the wealthy at the expense of working-class Americans. Democratic leaders have condemned the bill as an assault on the most vulnerable populations, igniting fierce debates on Capitol Hill.

The urgency of the vote was palpable, as senior Republican officials, including Trump himself, engaged in last-minute negotiations to sway hesitant lawmakers. The bill’s passage comes amidst fears that it could push the debt-to-GDP ratio to staggering heights, potentially jeopardizing the government’s ability to borrow at favorable rates in the future.

With the White House’s backing and intense lobbying efforts, the bill’s passage marks a significant victory for Trump and his allies, but at what cost? Experts warn that the long-term implications could be dire, raising critical questions about the sustainability of U.S. fiscal policy. As the nation holds its breath, the future of American economic stability hangs in the balance. Stay tuned for updates as this story unfolds.