House Republicans pass Trump’s big bill of tax breaks and program cuts after all-night session

22.05.2025    Boston Herald    2 views
House Republicans pass Trump’s big bill of tax breaks and program cuts after all-night session

By LISA MASCARO KEVIN FREKING and LEAH ASKARINAM Associated Press WASHINGTON AP House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package with Speaker Mike Johnson defying the skeptics and unifying his ranks to muscle President Donald Trump s priority bill to approval Thursday With last-minute concessions and stark warnings from Trump the Republican holdouts largely dropped their opposition to salvage the One Big Beautiful Bill that s central to the GOP agenda The House launched debate before midnight and by dawn the vote was called - with Democrats staunchly opposed It next goes to the Senate To put it purely this bill gets Americans back to winning again reported Johnson R-La The outcome caps an intense time on Capitol Hill with days of private negotiations and inhabitants committee hearings numerous happening back-to-back around-the-clock Republicans insisted their sprawling -page-plus package was what voters sent them to Congress and Trump to the White House to accomplish They believe it will be rocket fuel as one put it during debate for the uneasy U S business activity Trump himself demanded action visiting House Republicans at Tuesday s conference meeting and hosting GOP leaders and the holdouts for a lengthy session Wednesday at the White House Before the vote the administration warned in a pointed report that failure to pass this bill would be the ultimate betrayal Central to the package is the GOP s commitment to extending certain trillion in tax breaks they engineered during Trump s first term in while temporarily adding new ones he campaigned on during his campaign including no taxes on tips overtime pay car loan interest and others To make up for various of the lost tax revenue the Republicans focused on changes to Medicaid and the food stamps plan largely by imposing work requirements on plenty of of those receiving benefits There s also a massive rollback of green strength tax breaks from the Biden-era Inflation Reduction Act Additionally the package tacks on billion in new spending with about billion going to the Pentagon including for the president s new Golden Dome defense shield and the rest for Trump s mass deportation and frontier protection agenda All reported the nonpartisan Congressional Budget Office estimates million fewer people would have strength care coverage and million less people a month would have SNAP food stamps benefits with the proposed changes President Donald Trump and Speaker of the House Mike Johnson R-La speak to reporters after departing a House Republican conference meeting Tuesday May at the U S Capitol in Washington AP Photo Julia Demaree Nikhinson The CBO reported the tax provisions would increase federal deficits by trillion over the decade while the changes to Medicaid food stamps and other services would tally trillion in reduced spending The lowest-income households in the U S would see their support drop while the highest ones would see a boost it declared House Democratic leader Hakeem Jeffries of New York read letters from Americans describing the way the campaign cuts would hurt them This is one big ugly bill he commented As the minority without the votes to stop Trump s package Democrats instead offered up impassioned speeches and procedural moves to stall its advance As soon as the House floor reopened for debate the Democrats forced a vote to adjourn It failed In the dark of night they want to pass this GOP tax scam revealed Rep Pete Aguilar D-Calif Other Democrats called it a big bad bill or a big broken promise Pulling the package together and pushing it to passage has been an enormous political lift for Johnson with insufficient votes to spare from his slim GOP majority whose rank-and-file Republicans have conflicting priorities of their own Conservatives particularly from the Freedom Caucus held out for steeper spending cuts to defray costs piling onto the nation s trillion debt At the same time more moderate and centrist GOP lawmakers were wary of the changes to Medicaid that could product in lost strength care for their constituents And a few worried the phaseout of the renewable potential tax breaks will impede businesses using them to invest in green potential projects in multiple states One big matter had been the costly deal with GOP lawmakers from New York and other high-tax states to quadruple the deduction for state and local taxes called SALT to for incomes up to which was included in the final product For every faction Johnson tried to satisfy another would roar in opposition Late in the night GOP leaders unveiled a -page amendment with a number of revisions The changes included speedier implementation of the Medicaid work requirements which will begin in December rather than January and a faster roll back of the production tax credits for clean electricity projects both sought by the conservatives Also tucked into the final version were several unexpected additions including a billion fund for the Department of Homeland Prevention to reimburse states that help federal representatives with deportations and boundary precaution And in a nod to Trump s influence the Republicans renamed a proposed new children s savings campaign after the president changing it from MAGA accounts money account for increase and advancement to solely Trump accounts Rep Erin Houchin R-Ind commented Americans shouldn t believe the dire predictions from Democrats about the impact of the bill We can unlock the Golden Age of America she stated echoing the president s own words By early morning hours the chief holdouts appeared to be falling in line Rep Ralph Norman R-S C announced they got particular improvements But two Republicans voted against the package including Rep Thomas Massie of Kentucky a deficit watcher who had been publicly criticized by Trump remained unmoved This bill is a debt bomb ticking he warned Related Articles Things to know about no tax on tips Trump s tax pledge that s included in GOP budget bill Cuomo s comeback faces a new challenger Donald Trump s Justice Department The greater part books pulled from Naval Academy library are back on the shelves in latest DEI turn Harvard grad living illegally in Los Angeles self-deports amid Trump immigration agenda Federal judge orders pretrial detention for man accused of stealing Kristi Noem s purse And Rep Andy Harris the chairman of the Freedom Caucus who needed more time voted present Various others did not vote Final analysis of the overall package s costs and economic impacts are still being assessed Along with extending existing tax breaks it would increase the standard income tax deduction to for joint filers and boost the child tax credit to There would be an enhanced deduction of for older adults of certain income levels to help defray taxes on Social Measure income To cut spending those seeking Medicaid fitness care who are able-bodied adults without dependents would need to fulfill hours a month on a job or in other area programs Similarly to receive food stamps through SNAP those up to age rather than who are able-bodied and without dependents would need to meet the hours a month work or society engagement requirements Additionally certain parents of children older than years old would need to fulfill the work requirements Republicans declared they want to root out waste fraud and abuse in the federal programs Associated Press writers Matt Brown and Joey Cappelletti contributed to this assessment

Similar News

12 classic road trip books to take you on a ride this summer
12 classic road trip books to take you on a ride this summer

There are plenty of road trip books coming out this summer, but there are also similarly themed book...

22.05.2025 2
Read More
'Wheel of Fortune' host Ryan Seacrest face-plants while attempting stunt on game show
'Wheel of Fortune' host Ryan Seacrest face-plants while attempting stunt on game show

"Wheel of Fortune" host Ryan Seacrest is no stranger to onstage mishaps. During the May 19 episode o...

22.05.2025 3
Read More
Pope Leo XIV makes first U.S. bishop appointment, fills San Diego vacancy
Pope Leo XIV makes first U.S. bishop appointment, fills San Diego vacancy

VATICAN CITY (AP) — Pope Leo XIV, history’s first American pope, on Thursday made his first American...

22.05.2025 2
Read More