💨 Abstract

House Republicans advanced President Donald Trump’s tax and spending cuts package early Thursday, pushing ahead despite internal divisions and a looming July 4 deadline. The bill, which includes $4.5 trillion in tax cuts and $350 billion for defense and immigration, faced resistance from both moderate and conservative Republicans due to concerns over Medicaid cuts and the overall impact on the federal debt. Democrats uniformly opposed the bill, warning of dire consequences from the proposed cuts.

Courtesy: WTOP Staff