Trump's tax bill, affectionately dubbed the "One Big Beautiful Bill." This legislation aims to extend tax cuts from Trump's previous term while introducing new reductions alongside funding for immigration enforcement and defense initiatives . The bill's ambitious $2.3 trillion cost over the next decade has incited substantial opposition, particularly from conservative factions within the party concerned about its implications for the national debt . As Speaker Mike Johnson navigates these internal disputes, the urgency to secure a vote before Memorial Day looms large.
Mike Johnson finalized negotiations with House GOP factions late Wednesday, alerting lawmakers to final changes in Trump's bill. Votes were expected in the early hours of Thursday.Sources indicated the revised bill aimed to appease both moderate and hardline conservatives, a delicate balancing act that threatened to crumble at any moment. Amendments included stricter border security measures demanded by the Freedom Caucus and provisions intended to soften the blow to constituents in high-tax states, a key concern for Republicans representing suburban districts.
Capitol remained a hive of activity, as House Republicans braced for what promised to be a contentious and potentially decisive vote.
The sweeping tax and spending cuts package still faces a significant test in the House — where Trump can’t afford to lose more than three Republican votes. Speaker Mike Johnson’s slim majority in the chamber leaves little room for detractors and party hardliners and moderates have failed so far to see eye-to-eye on key issues like changes to Medicaid, federal clean energy programs and tax breaks to states.
An amendment to the package included changes demanded by various wings of the conference, including speeding up work requirements for Medicaid to the end of 2026. The language also formalizes one of Johnson’s biggest deals this week: The so-called SALT cap. It would allow people to deduct state and local income taxes up to $40,000 for certain income groups. GOP leaders had initially proposed a cap of $30,000 but key New York, New Jersey and California Republicans had refused to support it
Despite Trump's active involvement in rallying support among hesitant legislators, challenges persist. Critics within the Freedom Caucus and blue-state Republicans express apprehension regarding potential cuts to social safety net programs and their impact on lower-income households . The House Rules Committee's narrow approval of the bill signifies a precarious step forward; however, passage remains uncertain amidst these ideological rifts. Ultimately, whether this divisive proposal can gain sufficient traction within an increasingly polarized GOP will be pivotal in shaping future fiscal policy.
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