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Republicans Forge Their Tax Bill in Trump's Image, with 'MAGA Accounts' and More

  • House Republicans finalized a 1,116-page tax bill inspired by President Trump on May 17, 2025, aiming to advance it to the Senate soon.
  • The bill reflects Trump's significant influence and a long negotiation process amid internal GOP divisions and Democratic united opposition.
  • Key provisions include more than $5 trillion in tax cuts, a new $10,000 break for American-made auto loans, and a tax-free MAGA account for newborns.
  • Republican leaders say Trump has been "incredibly hands-on" and calls members directly, with Speaker Johnson noting, "He's excited about our forward progress."
  • If Republicans stay unified, the bill could pass despite Democratic opposition and reduce funding for healthcare, environmental, and education programs.
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Even Democrats might like MAGA accounts

One of the more remarkable aspects of the MAGA ideology is how often it fulfills the left-wing policy wish list. The latest example is a proposal for so-called MAGA accounts, which House Republicans are considering as part of their $4…

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The spokesman-Review broke the news in Spokane, United States on Friday, May 16, 2025.
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