US EditionRepublicans advance Trump’s ‘big, beautiful bill’ in unusual late-night vote
UNITED STATES CONGRESS, MAY 20 – The Republican-led House held a second vote to fix procedural issues, ensuring passage of a $1.5 trillion tax and spending bill with narrow support, lawmakers said.
- House Republicans advanced President Trump's multitrillion-dollar tax cut and spending bill in a late-night committee hearing ahead of a planned vote this week.
- The bill faces challenges due to concerns about adding roughly $3.3 trillion to the national debt and the recent Moody's downgrade of US debt.
- The proposal features broad tax reductions, including a $30,000 state and local tax deduction limit for joint filers, while also proposing reductions in funding for Medicaid, nutrition assistance programs, and renewable energy incentives.
- House Freedom Caucus chairman Rep. Andy Harris acknowledged the complexity of managing legislation involving trillions of dollars, while Democratic Leader Hakeem Jeffries condemned the bill for threatening the healthcare coverage of millions of Americans.
- If passed in the House this week, the bill will proceed to the Senate amid divided party support and ongoing negotiations reflecting fiscal and political tensions.
491 Articles
491 Articles
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Granite Grok
Cutting Military Spending Would Make for a Big and Beautiful Bill
Last week, Moody’s Ratings lowered the United States credit rating. Fitch Ratings and S&P Global Ratings had already lowered the US rating. This new downgrade was driven by Congress’s failure to make any efforts to reduce the almost 37 trillion dollars national debt. When Moody’s made its announcement, the House Budget Committee was scrambling to ... Read more Source
The Latest: Trump goes to Capitol Hill to rally divided Republicans around his 'big beautiful bill'
President Donald Trump goes to Capitol Hill on Tuesday seeking to unify divided House Republicans on the multitrillion-dollar “big, beautiful bill” that's now at risk ahead of collapsing ahead of planned votes this week. Trump also hosted the Kennedy Center’s…
America First Report
Uncanceled NewsChip Roy Spells Out What He Wants Before and if He Approves Trump’s ‘Big Beautiful Bill’
(DCNF)—Republican Texas Rep. Chip Roy said Monday on Fox Business that he would like President Donald Trump’s “one big, beautiful bill” to address “deficit numbers” and tax policy before giving his approval on it. Late Sunday, the House Budget Committee narrowly pushed through the president’s budget reconciliation package, with Roy among three other conservatives who pushed back against approving the legislation and voted “present.” While discus…
Cutting Military Spending Would Make for a Big and Beautiful Bill - LewRockwell
Last week, Moody’s Ratings lowered the United States credit rating. Fitch Ratings and S&P Global Ratings had already lowered the US rating. This new downgrade was driven by Congress’s failure to make any efforts to reduce the almost 37 trillion dollars national debt. When Moody’s made its announcement, the House Budget Committee was scrambling to get the votes to pass legislation extending the 2017 tax cuts. President Trump has dubbed this the “…
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