
Trump tax-cut plan returns to US House, Republicans divided on bill
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The debate within President Donald Trump 's Republican Party over a massive tax-cut and spending bill returns to the House of Representatives on Wednesday, as party leaders try to overcome internal divisions and meet a self-imposed July 4 deadline.The Senate passed the legislation, which nonpartisan analysts say will add $3.3 trillion to the nation's debt over the next decade, by the narrowest possible margin on Tuesday after intense debate on the bill's hefty price tag and substantial cuts to the Medicaid health care program.Similar divides exist in the House, which Republicans control by a 220-212 margin and where a fractious caucus has regularly bucked its leadership in recent years -- though members have so far not rejected major Trump priorities."The House will work quickly to pass the One Big Beautiful Bill that enacts President Trump's full America First agenda by the Fourth of July," House Speaker Mike Johnson said in a statement on Tuesday, citing the bill's extension of Trump's 2017 individual tax cuts and increased funding for the military and immigration enforcement.House Republican leaders set an initial procedural vote on the bill for 9 a.m. ET (1300 GMT).Some of the loudest Republican objections against it come from party hardliners angry that it does not sufficiently cut spending and a $5 trillion increase in the nation's debt ceiling, which lawmakers must address in the coming months or risk a devastating default on the nation's $36.2 trillion debt."What the Senate did was unconscionable," said Representative Ralph Norman, a South Carolina Republican, one of several fiscal hawks who spoke out against the Senate bill's higher price tag, accusing the Senate of handing out "goodie bags" of spending to satisfy holdouts.Norman said he would vote against advancing the bill on Wednesday.Democrats are united in opposition to the bill, saying that its tax breaks disproportionately benefit the wealthy, while cutting services that lower- and middle-income Americans rely on. The nonpartisan Congressional Budget Office estimated that almost 12 million people could lose health insurance as a result of the bill."This is the largest assault on American healthcare in history," Democratic House Minority Leader Hakeem Jeffries told reporters on Tuesday, pledging that his party will use "all procedural and legislative options" to try to stop - or delay - passage.The version of the bill passed by the Senate on Tuesday would add more to the debt than the version first passed by the House in May and also includes more than $900 million in cuts to the Medicaid program for low-income Americans.Those cuts also raised concerns among some House Republicans "I will not support a final bill that eliminates vital funding our hospitals rely on," Representative David Valadao of California said before Senate passage.Timing difficultiesBut some House Republicans worried about social safety-net cuts could find solace in the Senate's last-minute decision to set aside more money for rural hospitals, funding that Representative Nick Langworthy, a New York Republican, called "a lifeline that will be very helpful to districts like mine."Any changes made by the House would require another Senate vote, making it all but impossible to meet the July 4 deadline.Further complicating the timeline, a wave of storms in the Washington area on Tuesday night canceled flights, and some lawmakers from both parties detailed on social media plans to drive from their home districts to the Capitol for Wednesday's expected vote.A senior White House official said on Tuesday that Trump is expected to be "deeply involved" in the whip operation this week.Trump for weeks has pushed for passage ahead of the July 4 Independence Day holiday, though he has also in recent days softened that deadline, describing it as less than critical.Any public opposition to the bill risks irking Trump, as was the case when the president slammed Senator Thom Tillis, a North Carolina Republican who announced his retirement after coming out in opposition to the bill.Another former Trump ally, the world's richest person Elon Musk, this week resumed an active campaign against the bill over social media, blasting its deficit-building effects. That has reignited a feud between Trump and Musk.
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- First Post
Trump's tax cuts vs. healthcare fallout: Will the 'One Big, Beautiful Bill' backfire in 2026 midterms?
Donald Trump's signature tax legislation, dubbed the 'One Big, Beautiful Bill,' faces political scrutiny ahead of the 2026 midterms. While Republicans tout its economic benefits, critics argue it favours the wealthy and endangers healthcare for the poor, raising questions about its long-term electoral consequences. read more Barack Obama had the Affordable Care Act. Joe Biden pushed through the Inflation Reduction Act. Now, Donald Trump is staking his legacy on sweeping tax cuts. Like his predecessors' landmark policies, Trump's 'One Big, Beautiful Bill' is both a signature legislative achievement and a potential electoral liability. While initially celebrated within Republican circles, the bill is under growing scrutiny for provisions that critics say could strip health coverage from low-income Americans and unravel years of climate and energy policy progress. STORY CONTINUES BELOW THIS AD Trump secured passage of the multitrillion-dollar legislation by rallying Republican lawmakers through a blend of persuasion and pressure tactics. True to his brand-driven approach, he named the bill with characteristic flair and made it a partisan milestone, pushing it through Congress without a single Democratic vote. But its political durability faces a crucial test in the 2026 midterm elections. Democrats are preparing to center their campaign narrative around a stark accusation: that Trump has prioritised tax breaks for the wealthy at the cost of health care for the poor. While Trump and Republican allies insist that vulnerable groups will retain access to health coverage, independent analysts forecast a sharp rise in the uninsured population. At the same time, GOP promises that the bill will deliver an economic boost are being questioned amid economic instability and global trade tensions. 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That promise is far removed from what Trump and the Republican Party ultimately chose to do, paring back not only Medicaid but also food assistance for the poor to make the math work on their sweeping bill. It would force 11.8 million more people to become uninsured by 2034, according to the Congressional Budget Office, whose estimates the GOP has dismissed. STORY CONTINUES BELOW THIS AD 'In Trump's first term, Democrats in Congress prevented bad outcomes. They didn't repeal the (Affordable Care Act), and we did COVID relief together. This time is different,' said Sen. Brian Schatz, D-Hawaii. 'Hospitals will close, people will die, the cost of electricity will go up, and people will go without food.' Sen. Thom Tillis, R-N.C., repeatedly argued the legislation would lead to drastic coverage losses in his home state and others, leaving them vulnerable to political attacks similar to what Democrats faced after they enacted 'Obamacare.' With his warnings unheeded, Tillis announced he would not run for reelection, after he opposed advancing the bill and enduring Trump's criticism. 'If there is a political dimension to this, it is the extraordinary impact that you're going to have in states like California, blue states with red districts,' Tillis said. 'The narrative is going to be overwhelmingly negative in states like California, New York, Illinois, and New Jersey.' STORY CONTINUES BELOW THIS AD Even Sen. Lisa Murkowski, R-Alaska, who eventually became the decisive vote in the Senate that ensured the bill's passage, said the legislation needed more work and she urged the House to revise it. Lawmakers there did not. Early polling suggests that Trump's bill is deeply unpopular, including among independents and a healthy share of Republicans. White House officials said their own research does not reflect that. So far, it's only Republicans celebrating the victory. That seems OK with the president. In a speech in Iowa after the bill passed, he said Democrats only opposed it because they 'hated Trump.' That didn't bother him, he said, 'because I hate them, too.' With inputs from agencies


Time of India
28 minutes ago
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Viral video sparks outrage: Tricolour burnt at garbage dump in Bhopal, police launch probe
— ShrutiDhore (@ShrutiDhore) Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Police in Bhopal, the capital of Madhya Pradesh, have launched an investigation after a shocking video showing several Indian flags being burnt at a garbage dump went viral on social incident reportedly took place near the ward 50 office, where civic authorities are said to burn regular garbage. The footage shows several national flags, the Tricolour, being burnt along with waste, sparking outrage from both the public and political after the video surfaced, leaders from the Congress party and BJP rushed to the police demanding action. Congress spokesperson Vivek Tripathi, along with BJP corporator Sushma Babisha, submitted complaints at the Shahpura police alleged that civic staff members were responsible for carelessly disposing and burning the national flags, which is a serious offence and an insult to national the receipt of two formal complaints, Shahpura police station sub-inspector Harish Gujarbos said, 'We are examining CCTV footage from the area to identify the people involved in the incident. A probe is underway.'Authorities have not yet confirmed whether the burning of the Tricolours was intentional or accidental, but the incident has stirred strong reactions online, with many demanding strict punishment for disrespecting the national from PTI
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