💨 Abstract

The House Ways and Means Committee approved President Trump's $5 trillion tax breaks bill after an all-night session, but House Speaker Mike Johnson faces opposition within his own party. Key disagreements include Medicaid work requirements and state and local tax deductions (SALT). Democrats criticized the bill for potentially removing healthcare coverage for millions and reducing food assistance. Johnson aims to pass the bill by Memorial Day, but his slim majority leaves little room for defections.

Courtesy: wtop.com