Summary
Republicans are working to pass a tax and spending cut bill through Congress, with a final House vote possibly happening soon. The bill includes tax cuts, funding for national defense, and measures for immigration enforcement, with plans to offset costs by reducing spending on Medicaid and other programs. The Senate has already passed the bill, and the House will vote on the amended version.
Key Facts
- Republicans are close to passing a tax and spending cut bill in Congress.
- The bill is 887 pages long and includes tax breaks and spending cuts.
- President Trump has urged Republicans to pass the bill by July 4th.
- The legislation includes $4.5 trillion in tax cuts, making current tax rates permanent.
- It adds new tax breaks, such as no taxes on tips and overtime pay.
- The bill provides $350 billion for Trump's border and national security plans.
- $46 billion is allocated for the U.S.-Mexico border wall and $45 billion for migrant detention.
- To pay for the bill, Republicans propose cutting Medicaid and food assistance programs.
