Non-party analysts say Bell will add 3-5 trillion to the debts of the country, which is 36.2 trillion over the next decade.
US President Donald Trump Blasting tax bills He won the approval of the main Congress Committee to advance towards the possibility of passing in the House of Representatives later this week.
The rare vote on Sunday night represents a major victory over Trump and Parliament Speaker Mike Johnson, after the militant conservatives prevented on Friday the draft law from clearing the House of Representatives Budget Committee due to a dispute that includes discounts in spending on the health care program for medical aid for low -income Americans and canceling green energy tax credits.
Four Republicans at the 21st committee of legislation allowed progress through the “present” vote. The draft law was issued in a 17-16 vote, with all Democrats voting against it.
The militants spent most of the day in closed negotiations with Republican leaders in the House of Representatives and White House officials.
Johnson met with Republican lawmakers shortly before the meeting, and they told reporters that the changes agreed to “just some minor modifications. Not a big thing.”
Republican budget head Judy Arengton said he is expected to continue deliberations a week, “Until the time we put this big big bill in front of the house.”
Non -party analysts say the bill, which will expand the 2017 tax cuts that Trump’s legislative victory in the first period will add $ 3 trillion to $ 5 trillion to national debt worth $ 36.2 trillion over the next decade.
MOODY Credit Classification Agency cited the increasing debts, which it said is on the right path to reach 134 percent of the total local products (GDP) by 2035, for its decision on Friday to reduce the credit rating of the United States.
US Treasury Secretary Scott Bessin said in an interview with CNN on Sunday that the draft law will motivate economic growth sufficient to compensate for any growth in debt, adding that he had not put much credibility in reducing Moody level.
Economists have warned that the reduction – after the previous discounts through Fitch and S&P classifications – is a clear sign that the United States has a lot of debts and that legislators need to increase revenues or less spending.
Trump republics maintain a majority 220-213 in the House of Representatives, and they are divided around the depth of spending on compensation for the cost of tax cuts.
The militants want discounts to Medicaid, which was paid by some Republican Senators, saying that it will harm the voters who elected Trump in November, and who will need to support them in 2026 when controlling Congress again to seize it.
The bill cuts will kick 8.6 million people from Medicaid.
It also aims to eliminate taxes on advice and some additional work income – both Trump campaign – while strengthening defense spending and providing more money to suppress the Trump border.
American Senator Chris Murphy of Connecticut said that credit rating has reduced troubles for the Americans.
“This is a big problem. This means that we are more likely to go to stagnation,” Murphy told NBC’s Meet The Press.
“These men run the economy recklessly.”
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