Published: Feb 26, 2025, 15:25 IST | Updated: Feb 26, 2025, 15:25 IST
In a significant advancement of President Donald Trump's 2025 agenda, the Republican-controlled U.S. House of Representatives has narrowly approved a budget blueprint featuring $4.5 trillion in tax cuts and $2 trillion in spending reductions over the next decade. The plan aims to extend the 2017 tax cuts, bolster border security, and increase defense spending.