Republicans in the House of Representatives approved billions of dollars in tax holidays, a narrow victory for President Donald Trump and Parliament Speaker Mike Johnson after weeks of negotiations with the conservatives.
“A large and beautiful bill” of Trump was issued with a vote of 215 votes to 214 votes, as two Republicans joined the Democrats to oppose this and one vote present.
He is now heading to the Senate, which will have an opportunity to approve or change the provisions of the bill.
Capitol Hill’s allies celebrated his victory as a victory, as Johnson said that he “returns the Americans to win again.”
Trump’s priority in Trump, legislation extends to tax cuts that will be issued soon during its first administration in 2017, as well as the flow of money for defensive spending and financing the president’s mass deportation.
It also temporarily eliminates taxes on additional work and advice – both the main promises made by Trump during his successful presidential campaign for 2024.
Johnson said on the floor before the vote: “What we will do here this morning is really historical, and all the difference will happen in the daily life of the Americans working hard,” Johnson said on the floor before the vote.
In addition, the draft law makes significant spending cuts, including a low -income health care program as well as Snap, a program for food aid used by more than 42 million Americans.
These discounts were the subject of intense friction Among the Republicans, who was recently overcome after the President traveled to Capitol Hill on Tuesday. Tell the legislators in particular to put their objections or face consequences.
The Democrats also opposed the fierceness of the bill and warned that the cuts could have severe consequences for millions of Americans with low incomes.
“Children will be harmed. Women will be harmed. The older Americans who rely on a muddide for home care for nursing and home care will be harmed,” said minority leader Hakim Jeffrez, a democratic in New York.
“People with disabilities who rely on medicaid to survive will be harmful. Hospitals will be closed in your areas. You will close the nursing homes.” “People will die.”
The next day, a White House statement warned that the administration would witness a failure to pass the bill as “final betrayal.”
However, the legislation comes at a huge price. It is estimated that it will add 5.2 trillion (3.9 million pounds) to US debt and increase the budget deficit by about $ 600 billion in the coming fiscal year.
These numbers that excite the eye – and the possibility of paying interest payments on debt – were among the reasons that make the Moody’s Financial Classification Agency It reduced the American credit rating last week.
The long document, which includes more than 1000 pages, was issued a few hours before the legislators demanded to vote, which means that there may be other rulings and written elements that have not yet been discovered.
The Senate must also approve the draft law and can make some changes in this process. If there are legislators there, it will return to the House of Representatives to obtain another vote on the high risks with the possibility of error.
In fact, Trump urged the Senate to send the bill to his mission “as soon as possible.”
One of the first items that the Senate members will have to address is a report from the Congress Budget Office that the increase in debt in the draft law of the House of Representatives will lead to a ruling from the 2011 law that imposes about $ 500 billion in spending discounts on Medicare, a health insurance program for the elderly.
Trump pledged not to touch this popular government service – and Republicans are likely to face a political price if they did not amend the rules to avoid mandatory cuts.
Democrats pledge to use today’s vote against Republicans in Congress elections in the middle of the period next year, highlighting other spending cuts-including low-income health insurance program, government research, environmental spending-and tax discounts of the wealthy.
Even Republicans in Congress celebrate the victory, the majority of the Republican House of Representatives are exposed to small transformations in public feelings. The middle of the period can turn control of that room to the Democrats and grind the Trump legislative agenda to stop.
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