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US Congress approves ‘One Big Beautiful Bill’ backed by Trump

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Donald Trump

The Republicans house narrowly approved the “One Big Beautiful Bill  in a 218 – 214 vote on July 4 , sending in to President Trump’s desk for approval on US Independence Day . 

Trump said the party is united like never before, and the nation “HOT”. Celebrating at a rally in Iowa, he described it as the perfect Independence Day gift and the beginning of a “new Golden Age “. 

This approval highlights Trumps control over the Republican Party, despite internal unease about its potential to significantly increase the national debt, and slash funding for healthcare and welfare programs.

Few members of the opposition party holdouts ultimately relented after Speaker Mike Johnson spent the night rallying and support for the “One Big Beautiful Bill “in the House of Representative.

The bill cements the $4.5 trillion in tax cuts in 2017, adding new benefits like the elimination of tax on tips. On the other end, it proposes $ 1.2 trillion cuts in Medicaid and food stamps programs, through stricter eligibility, new work requirements for some parents and adults, reduced federal funding for states. The legislation also remove billions in tax credits for wind and solar energy, a move expected to trigger major losses in the renewable sector. 

$350 billion have been allotted to border security and immigration enforcement, to expand deportation efforts, partly funded by the new immigrant fees. To make room for these changes, the bill will raise the national debt slab by $5 trillion a point of contention by some Republicans.

SALT deduction hike and Permanent Tax Cuts

The bill cements the tax cuts originally introduced by Trump in 2017, making them permanent. It also introduces deductions in tax for overtime pay and income from tipped work. Additionally, the limit on state and local tax (SALT) deductions is increased to $40,000 from $10,000. These tax cuts are projected to add $3.4 trillion to the national debt over the coming decade.

Big deductions in Medicaid funding

Medicaid, the government health program will have major cuts, potentially stripping 12 million low income and disabled Americans people of healthcare. This is largely due to new work requirements and stricter eligibility checks. 

The bill prohibits Medicaid from funding gender-affirming treatment and restricts coverage for undocumented immigrants in few states. The bill also lowers amounts state can raise through “provider tax”, reducing state spending on Medicaid. To resolve the concerns of GOP senators, the bill sets aside a $50 billion fund to supports rural healthcare, impacted by these changes.

New restrictions on food stamp program

The bill introduces tighter restriction on The Supplemental Nutrition Assistance Program (SNAP). States with high error rates will now be responsible to share the cost, and the minimum work requirement for able bodied adults has been raised from 54 to 64. 

Stricter border security and immigration meetings

On the immigration front, the bill allocates billions for border enforcement – over $46 billion for wall construction, $45 billion for expanding detention centers, and $30 billion to increase ICE staffing and training. It also reduces the asylum application fees to $100.

Rollback on green program funds

The bill rolls back major green energy initiatives from Biden Inflation Reduction Act, ending tax credits for EV’s and shutting down Greenhouse Gas Reduction Fund. It also raises the debt ceiling by $5 trillion to prevent a government default. The child tax credit rises slightly $2,200 instead of dropping.

Tax relief for tipped workers

Tipped workers can now deduct up to $25,000 in tip income, this benefit phases out for higher income workers.

Trump praised the bill ahead of July 4 rally, while democrats criticize it as favoring the wealthy and plan to campaign against it in 2026 elections.

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Putin praises PM Modi, says he has very good ideas on Ukraine war

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for repeatedly raising the need to end the Ukraine war, describing his ideas for a settlement as “very good”.

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Vladimir Putin

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for his continued efforts to promote an end to the Russia-Ukraine war, saying the Indian leader has “very good ideas” aimed at finding a mutually acceptable solution.

Putin made the remarks while addressing the Valdai Forum of international Russia experts, where he spoke about Modi’s repeated efforts to raise the issue of ending the conflict.

What Putin said about PM Modi

Putin said Modi has continued to raise the question of ending the conflict despite the close and friendly relationship between India and Russia.

According to Putin, the Prime Minister has shown a strong interest in finding a solution and has ideas that could help identify mutually acceptable ways to resolve the conflict.

Putin also described India’s position as neutral while highlighting Modi’s interest in bringing the conflict to an end through peaceful means.

The Russian president expressed gratitude to Modi for his ideas and his desire to see the conflict end as soon as possible.

Modi’s position on the Ukraine war

PM Modi has repeatedly called for dialogue and diplomacy to resolve conflicts, including during his meetings with Putin.

During their September 11 meeting in New Delhi, Modi reiterated that dialogue and diplomacy are the way forward for resolving conflicts.

Modi had also told Putin during their meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek that the situation needed to move from “endless war” towards an end to the war.

India has consistently maintained that conflicts should be addressed through dialogue and peaceful means, with Modi previously describing the present period as not being an era of war.

The Russia-Ukraine conflict began in February 2022 and has continued despite repeated diplomatic efforts to seek a resolution.

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S Jaishankar calls Pakistan a “serial practitioner of terrorism” at UN

S Jaishankar criticised Pakistan at the UN General Assembly, referring to a “serial practitioner of terrorism” and warning against attempts to normalise terrorism.

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S Jayshankar

External Affairs Minister S Jaishankar criticised Pakistan during his address to the 81st session of the United Nations General Assembly in New York, saying that a “serial practitioner of terrorism” had misrepresented facts and that arguments were being made to normalise terrorism. 

Jaishankar’s remarks came a day after Pakistan Prime Minister Shehbaz Sharif addressed the UN General Assembly and spoke about the 2025 military confrontation between India and Pakistan.

Jaishankar’s message to Pakistan

Referring to Pakistan without naming it directly in that remark, Jaishankar said a “serial practitioner of terrorism” had misrepresented facts before the UN General Assembly.

He said arguments were being made to normalise terrorism and claim immunity from its consequences, adding that such an approach would not stand. 

Jaishankar reiterated India’s position that the country would exercise its right to defend itself against terrorism.

He also said that friendship and goodwill could not coexist with terrorism and that understandings based on such circumstances would naturally be called into question. 

“It is for the perpetrator of terrorism to mend its ways,” Jaishankar said.

India stresses zero tolerance on terrorism

Jaishankar described terrorism as a persistent threat to peace and called for governments involved in cross-border terrorism to be held accountable.

He also stressed that there should be no dilution in India’s zero-tolerance approach towards terrorism and particularly called for greater attention to its financial aspects.

His remarks came a day after Pakistan Prime Minister Shehbaz Sharif referred to the 2025 India-Pakistan military confrontation during his UN General Assembly address. 

Jaishankar backs two-state solution for Palestine

During his UN address, Jaishankar also spoke about the situation in West Asia and said India was prepared to contribute to efforts addressing food and energy security amid continuing tensions and violence.

On the Palestine issue, he reiterated India’s longstanding support for a two-state solution.

Jaishankar said India was also contributing humanitarian assistance and relief efforts for the Palestinian people.

He also warned about continuing threats and pressures around the world and stressed the need for greater stability, security and predictability.

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Trump rejects Iran’s 7-day peace plan, says deal can come after US polls

US President Donald Trump rejected Iran’s seven-day proposal to end hostilities and indicated that a deal could come after the US midterm elections in November.

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Donald Trump

US President Donald Trump has rejected Iran’s latest proposal aimed at bringing an end to the ongoing conflict, while indicating that a possible agreement could come after the US midterm elections in November.

Iran had proposed a seven-day framework under which hostilities could be brought to an end, the Strait of Hormuz could be reopened and negotiations over its nuclear programme could resume.

Iran’s seven-day proposal

Iranian Foreign Minister Abbas Araghchi said Tehran had put forward the proposal through intermediaries. Under the plan, the Strait of Hormuz would be reopened by the end of the seventh day if specified conditions were met, while broader nuclear discussions would restart.

The proposal was based largely on an earlier understanding reached between Washington and Tehran, but Iran sought to implement the latest framework much faster. The earlier arrangement had provided a longer period for negotiations.

The Strait of Hormuz is a strategically important waterway for global energy shipments, making its reopening a key element of any effort to ease the wider conflict.

Trump points to US midterm elections

Trump, speaking at the United Nations, showed no indication that he was ready to immediately resume negotiations on the terms proposed by Tehran.

He called for the economic isolation of Iran and said he believed a deal could be reached after the US midterm elections in November. Trump also said Iran was waiting to see how he performed in the midterm elections.

The remarks came as Iranian officials signalled that they remained open to diplomacy and described the UN General Assembly as an opportunity to revive negotiations.

Nuclear talks remain part of Iran proposal

Iran’s latest plan links the easing of hostilities with the resumption of negotiations over its nuclear programme.

The proposal follows the collapse of an earlier US-Iran arrangement. According to reporting on the latest proposal, the new framework is intended to compress the timeline for implementing commitments that had previously been discussed by the two sides.

For now, Trump’s remarks indicate that Washington is not accepting Tehran’s seven-day framework as presented, while Iran continues to put diplomacy and negotiations forward as part of its proposal.

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