US EditionToday on Capitol Hill: Rescissions Package, Budget Talks and Milk Bill for Schools
- On May 13, 2025, the U.S. House Ways and Means Committee introduced a bill to extend 2017 tax cuts and create a new small business health tax credit.
- The bill aims to help small businesses adopt CHOICE arrangements by offering a $100 monthly tax credit per enrolled employee for two years.
- Allowing pre-tax payments for individual insurance purchased on the Exchange would lower premiums for employees and payroll taxes for employers.
- The plan proposes nearly $700 billion in Medicaid spending cuts, which officials warn could lead to 1.5 million New Yorkers losing their health coverage and hospitals facing $3 billion in financial losses.
- The Senate will debate and possibly amend the bill this week, with Republican criticism focused on deficit and Medicaid cuts, while opponents urge rejection over health impacts.
84 Articles
84 Articles
Today on Capitol Hill: Rescissions package, budget talks and milk bill for schools
We're tracking several developing headlines on Capitol Hill, including lawmakers debating President Donald Trump's "one big beautiful bill" and another measure allowing schools to serve whole and 2% milk.
The ‘Big, Beautiful’ Question: What Does Trump Want in the Bill?
As the “big, beautiful” budget reconciliation bill moves to the Senate, one major question remains: What exactly does President Donald Trump want in it? Trump has consistently pushed for the bill’s passage, despite saying he doesn’t view it as perfect. “It’s an unbelievable bill,” Trump said in an Oval Office event with Elon Musk on Friday. Passing the One Big Beautiful Bill means we get One Big Beautiful Tax Cut.Making President Trump's Tax C…
Why resolving the debt limit while also passing the reconciliation bill might be the next installment of Mission Impossible
Interview transcript: Terry Gerton: Congress was on recess last week, but now they’re back. They’re taking up lots of important topics. Probably the biggest newsmaker is the big, beautiful bill moving across the Hill to the Senate side. What are you hearing on that? Jack Fitzpatrick: There have been some long-standing concerns on the Senate side that I think are going to crystallize into some more specific critiques and eventually specific chang…
Watauga Democrat
The 'One Big, Beautiful Bill' hits the Senate: Here’s who to look out for
(The Center Square) – It’s a big month for President Donald Trump’s agenda as the budget reconciliation bill that unlocks much of his campaign promises works its way through a divided U.S. Senate.
Jordan touts GOP reconciliation bill’s ‘common sense’: ‘The Left hates it’
Rep. Jim Jordan (R-OH) predicted the One Big Beautiful Bill Act will pass the Senate because of its four key “commonsense” conservative pillars. The reconciliation legislation recently passed in the House and now heads to the Senate for amendments and…
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