Trump, GOP and Tax Bill
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The House Rules Committee is holding a markup on the package that began after 1 a.m. ET as Speaker Mike Johnson seeks to bring the bill to the floor as soon as Wednesday.
Democrats say the bill disproportionately benefits the wealthy and will take a deep bite out of social programs, but Republicans are invoking special budget rules to pass the package without their support.
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap be lifted as part of reconciliation.
The deaths of three Democrats in the House of Representatives give Republicans a slightly larger cushion on votes.
Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill.
For every group demanding one policy, another equally powerful bloc insists on the opposite. The coalitions encompass the divergent ideological, political and regional interests in the G.O.P.
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful bill."
Internal Republican divisions over President Donald Trump's massive tax and spending bill played out in at the Wisconsin GOP convention.