The United States Congress approved on Wednesday (3), for 218 votes to 214, a fiscal package proposed by President Donald Trump. The measure makes permanent tax cuts and establishes new rules for federal government spending. The vote in the House of Representatives occurred after approval in the Senate, where the vote of Minerva of the Vice President of the United States was necessary for the tiebreaker. Now the project goes to presidential sanction.
Trump had been referring to the proposal as “great and beautiful”, showing enthusiasm with the advancement of the project he defended since the beginning of his mandate. The package includes an increase in tax exemptions, tax cuts and measures that allow companies to immediately deduce the costs of building new industrial facilities. According to the government, the goal is to stimulate production within the country and strengthen the economic independence of the United States.
Despite the support of the Allied base and business sectors, which celebrated the expected benefits with the new legislation, the project was criticized. Elon Musk, who until the previous month was part of the Trump administration, spoke against the measure, claiming that she contradicts previous efforts to balance public accounts. The businessman warned of the risk of increased fiscal deficit, which generated exchange of barbs with the president.
Experts also expressed concern about the impacts of the new fiscal health law of the country. UERJ international policy professor Paulo Velasco said the measure could lead to a significant increase in US public debt, estimated at about $ 3 trillion. He warned of the risk of future government paralysis, the so -called shutdowns, depending on the possible fiscal imbalance, as well as possible consequences for the dollar value and inflation levels.
