After meeting at the White House Speaker Johnson vows to push ahead on Trump’s big bill
WASHINGTON AP Defying opposition within his ranks House Speaker Mike Johnson insisted late Wednesday that Republicans would march ahead on their multitrillion-dollar tax breaks package after a lengthy White House meeting with GOP holdouts refusing to back the bill Johnson and his GOP leadership unit appeared confident they would be able to stick to their schedule and shore up GOP backing for final passage late Wednesday or Thursday following last-ditch talks to salvage the big beautiful bill But next initiatives are highly uncertain We re excited that we re going to land this airplane Johnson R-La declared back at the Capitol But as evening hours set in the upbeat tone stood at odds with the unwieldy scene at the Capitol The Rules Committee has been grinding through a marathon session passing its th hour as the process chugs along Another Republican Tennessee Rep John Rose revealed his opposition to the GOP bill And Democrats without the votes to stop Trump s package are using all available tools and impassioned speeches to press their opposition and capitalize on the GOP disarray We believe it s one big ugly bill that s going to hurt the American people announced House Democratic leader Hakeem Jeffries of New York as he and his organization testified before the committee Hurt children hurt families hurt veterans hurt seniors cut wellness care cut nutritional assistance explode the debt he disclosed It s a make-or-break moment for the president and his party in Congress They have invested much of their political capital during the crucial first minimal months of Trump s return to the White House on this rule If the House Republicans fall in line with the president overcoming unified Democratic objections the measure would next go to the Senate Trump had implored the lawmakers a day earlier at the Capitol to get it done but the holdouts endured It s not at all clear what exactly was agreed to or not during Wednesday s lengthy meeting at the White House However Johnson indicated afterward that Trump himself may be able to accomplish by executive actions several of the goals that Congress is unable to agree to in the legislative process White House press secretary Karoline Leavitt revealed the meeting was productive and moved the ball in the right direction One big trouble has been the tentative deal with GOP lawmakers from New York and other high-tax states to boost deductions for local taxes to But that costly provision running into the hundreds of billions of dollars alarmed the majority of conservative Republicans worried it will add to the nation s trillion debt For every faction of the slim House majority that Johnson appeases he risks losing others Rep Andy Harris R-Md the chairman of the hard-right House Freedom Caucus reported earlier he did not believe the package could pass in a House vote but there is a pathway forward that we can see A fresh analysis from the Congressional Budget Office noted the tax provisions would increase federal deficits by trillion over the decade while the changes to Medicaid food stamps and other services would tally trillion in reduced spending The lowest-income households in the U S would see their information drop while the highest ones would see a boost the CBO revealed At its core the package is centered on extending the tax breaks approved during Trump s first term in while adding new ones he campaigned on during his campaign To make up for certain of the lost revenue the Republicans are focused on spending cuts to federal safety net programs and a massive rollback of green force tax breaks from the Biden-era Inflation Reduction Act Additionally the package tacks on billion in new spending with about billion going to the Pentagon including for the president s new Golden Dome defense shield and the rest for Trump s mass deportation and perimeter safety agenda The package title carries Trump s own words the One Big Beautiful Bill Act As Trump promised voters the package proposes there would be no taxes on tips for certain workers including those in various utility industries automobile loan interest or certain overtime pay There would be an increase to the standard income tax deduction to for joint filers and a boost to the child tax credit to There would be an enhanced deduction of for older adults of certain income levels to help defray taxes on Social Safeguard income To cut spending the package would impose new work requirements for a large number of people who receive strength care through Medicaid Able-bodied adults without dependents would need to fulfill hours a month on a job or in other area engagements Similarly those who receive food stamps through the Supplemental Nutritional Assistance Effort known as SNAP would also face new work requirements Older Americans up to age rather than who are able-bodied and without dependents would need to work or engage in the locality programs for hours a month Additionally selected parents of children older than years old would need to fulfill the work requirements under current law the requirement comes after children are Republicans stated they want to root out waste fraud and abuse in the federal programs The Congressional Budget Office has estimated million fewer people would have physical condition insurance with the various changes to Medicaid and the Affordable Care Act It also explained million fewer people each month would have SNAP benefits Conservatives are insisting on quicker steeper cuts to federal programs to offset the costs of the trillions of dollars in lost tax revenue GOP leaders have sped up the start date of the Medicaid work requirements from to At the same time more moderate and centrist lawmakers are wary of the changes to Medicaid that could product in lost healthcare care for their constituents Others are worried the phaseout of the renewable vitality tax breaks will impede businesses using them to invest in green capacity projects in a large number of states Plus those lawmakers from New York California and other high-tax states longed a bigger state and local tax deduction called SALT for their voters back home Under the emerging SALT deal the deduction cap would quadruple to with an income limit of according to a person granted anonymity to discuss the private talks The cap would phase down for incomes above that level The Committee for a Responsible Federal Budget a nonpartisan fiscal watchdog group estimates that the House bill is shaping up to add roughly trillion to the debt over the next decade