💨 Abstract

House Republicans are poised to vote on President Trump's $4.5 trillion tax breaks and spending cuts bill, aiming to meet a July 4th deadline. The bill, opposed by Democrats, includes significant tax breaks, new deductions, investments in national security, and cuts to Medicaid and green energy investments, potentially adding $3.3 trillion to the deficit. The vote comes after intense negotiations and opposition from both moderate and conservative Republicans.

Courtesy: WTOP Staff