Trump, tax and Beautiful Bill
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House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, along with significant spending cuts and reforms for key federal
If passed into law, the bill would push 7.6 milion people off Medicaid, according to the Congressional Budget Office. Cuts and new conditions for SNAP food aid would save $300 billion over ten years. Trump's 2017 tax cuts would be made permanent, costing $2 trillion over the next decade.
A sweeping US tax and spending bill has overcome days of Republican conflict to advance through a key committee and move one step closer to a full vote in the House. Four hard-line Republican congressmen - who had previously torpedoed progress due to concerns the cuts were not deep enough to reduce the national debt - allowed the bill to go forward on Sunday night.
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