This is CBS, I on the World. I'm John Batchel. The news from Washington. House passes Trump

tax bill after last minute changes. Subhead accelerated Medicaid work requirements, raise salt caps,

win over GOP holdouts.

The vote was, well, it could have been closer, but 215 to 214, I don't believe they do,

they round everything off, so you have to be a full person to vote.

However, I go to Veronique de Reggie because all these years of her guidance,

I've learned to understand how to look at a bill that comes out of Congress in any fashion, but especially one so contentious. No Democrat voted for this bill.

This is an entirely a Republican creation. The president calls it one big, beautiful bill.

We'll begin with spending. Veronique, a very good evening to you.

You have said repeatedly to me over the years that the debt will not be solved until Congress

can be cured of spending money that does not exist.

Does this bill in any fashion make a promise that they understand what you're talking about?

Good evening to you.

Good evening, John.

No.

I mean, it's better than a bill that would not upset any of the extension of the tax cuts

or any of the additional tax carving of the tax base, I should say, that exists in this bill.

But it really actually doesn't.

Ultimately, between the extension and between of the tax cuts, which I believe is a good thing

because it would have meant a tax increase on most people.

The Trump accounts, the sole deduction, lifting the cap on sole deduction, in the end,

you end up with a bill that increases deficit in the short term and promises that it will be fiscally responsible in the longer run.

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