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Trump stated that the passage of the tax and spending bill would be postponed.
According to the Gate News bot, citing CCTV News, on July 1 local time, U.S. President Trump announced that he would delay the deadline for his domestic policy bill.
Trump originally planned to pass the “big and beautiful” tax and spending bill before July 4. Regarding the progress of the bill, Trump pointed out: “I don’t want to go too crazy with the cuts.” He emphasized that this is a large-scale bill, and while smaller bills are easier to pass, their impact is relatively limited.