US EditionReconciliation and Rescissions Roil Congress
UNITED STATES, JUN 18 – Senator Scott backs amendments to stop Florida Medicaid funds subsidizing Democrat states, citing $20 billion diverted to New York and California in 2024, affecting state budgets and taxpayers.
- The House GOP approved the comprehensive tax and spending legislation known as the One Big, Beautiful Bill Act, which is currently awaiting Senate consideration in 2025.
- The legislation extends Trump's 2017 tax cuts, adds charitable donation tax breaks, and differs from the Senate version which includes Medicaid cuts and smaller child credit increases.
- The bill would temporarily allow all donors to claim tax deductions on qualified contributions while families face varied impacts based on income, age, and government program participation.
- The Congressional Budget Office projects that the legislation would increase the federal deficit by $2.4 trillion, result in 10.9 million more uninsured individuals, reduce support for low-income families, and boost resources for middle- and upper-income households.
- Republicans aim to pass the Senate version soon and send the bill to the President by July 4, but public opinion remains divided and key analyses on the Senate proposal are pending.
35 Articles
35 Articles
Reconciliation and rescissions roil Congress
Congress is struggling to complete action on President Trump's "One Big Beautiful Bill Act," known as the fiscal 2025 reconciliation bill, while the administration is considering whether to put its controversial funding cuts on the right side of the law.
GOP lawmaker fears 'Hakeem Jeffries will be Speaker' if Trump's bill is enacted
One Republican congressman confessed to a Fox News reporter that he's concerned the House GOP budget bill could kill them in the 2026 midterm elections. Speaking to Fox Business on Thursday, Rep. Mark Alford (R-MO) said that the legislation they're referring to as the "big, beautiful bill," in its c...
Ep. 78 – Record Number Say Nation is on Right Track; Voters Back Trump’s ‘One Big Beautiful Bill’ for Tax Relief and Border Security: Poll
Cygnal's Pulse Pod Ep. 78 - Record Number Say Nation is on Right Track; Voters Back Trump’s ‘One Big Beautiful Bill’ for Tax Relief and Border Security: Poll w/ Pollsters Brent Buchanan and Alex Tarascio - Join us for the latest episode of Cygnal's Pulse Pod as we dive into the most recent political trends and public opinion shifts that are reshaping America's political landscape. Our data-driven analysis reveals some surprising developments tha…
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