Republicans in the Senate, who voted in a dramatic session late Saturday, liquidated a major procedural step as they compete to strengthen the tax exemption package for US President Donald Trump, spending discounts and enhance deportation funds by the deadline on July 4.
The outcome, 51-49, came after a turbulent night with Vice President JD Vance in the Capitol to break the potential tie. The tense scenes in the room played with a parked vote, withdrawing them for more than three hours, as Senators gathered the negotiations, and stopped special meetings from the ground. In the end, two Republicans opposed the proposal to move forward, and join all Democrats.
There is still a long weekend of next work.
Republicans use their majority in Congress to advance the opposition of democracy aside, but they faced a series of political and political setbacks. Not all legislators in the Republican Party on board proposals to reduce spending on medical stamps, food stamps and other programs as a way to help cover the cost of extending about $ 3.8 trillion in Trump’s tax exemptions.
“It is time to get this legislation via the finish line,” said John Thun, the leader of the Senate, said.
Before Roll’s call, the White House issued a statement of administrative policy, saying it “supported traffic force” from the bill. Trump was himself at the Golf Stadium in Virginia on Saturday, with the deployment of members of the Republican Party on social media.
But by darkness, Trump was criticizing the acceptance, threatening the campaign against one Republic, Senator Tom Telese of North Carolina, who announced that he could not support the bill because of the serious discounts in medical aid that was concerned that he would leave a lot of health care in his mandate. Tellis and Senator Rand Paul from Kentucky against.
The pressure was rising from all sides – billionaire Illon Musk criticized the package as “completely crazy and destroyed.”
After a very public words war, it seems that the honeymoon has ended to Eleon Musk and Donald Trump. Elie Glasner of CBC breaks the unexpected bromine between two of the most powerful characters in the world and how the “beautiful big bill” eventually dismantled it.
The 940 -page Big Beauty Broad Bill Law has been issued shortly before midnight, and it is expected that Senators will be grinded through discussion and amendments throughout the night in the coming days. If the Senate is able to pass it, the draft law will return to the House of Representatives for a final round of votes before it reaches the White House.
With the narrow republican majority in the House of Representatives and the Senate, the leaders need almost every legislator on the plane. A new analysis from the Non -Parties Congress Budget Office said that the Senate Bill will increase by 11.8 million people without health insurance in 2034.
The Democratic Leader of the Senate Chuck Schumer from New York said that the Republicans revealed the draft law “in the hollow of the night” and rushed to end the draft law before the public knows exactly in that. He immediately forced a full reading of the text late Saturday in the Senate, which would take hours.
The Minister of Foreign Affairs, Annette Anand, tells power and politics that Ottawa will ensure “access to the best result of our country” in the American commercial negotiations with the diversification of the supply chain in Canada.
The moment of making or breaking the Republican Party
The weekend can be the moment of making or separating Trump, who has invested a lot of his political capital in the distinguished local policy plan. Trump pushes Congress to conclude and broadcast “coaches” between the Republican Party to fall into the queue. The legislation is an ambitious but complex series of the priorities of the Republican Party. In essence, this will make many tax exemptions from Trump’s first term that may expire by the end of the year if Congress fails to act, which led to a possible tax increase for Americans. The draft law will add new rest periods, including any taxes, and a 350 billion dollars in national security, including Trump’s deportation agenda.
But the discounts in Medicaid and Food Stamps and green energy investments also cause opposition within the ranks of the Republican Party.
Republicans rely on discounts to compensate for lost tax revenues, but some legislators say the cuts are going away, especially for people who receive health care through Medicaid. Meanwhile, conservatives, who are concerned about the country’s debts, are pushing more severe discounts.
Digital services tax in Canada under fire
It is called “Revenge Tax”, Article 899 of the beautiful draft law of Trump He calls for a new blocking tax imposing On the investment revenues paid by American companies to investors living in the two countries, the US government is not fair or discriminatory taxes.
The DVAD (DST), which strikes companies such as Amazon, Google, Meta, Uber and Airbnb, is a tax on revenue from Canadian users, among the taxes that the United States considers discriminatory.
In the past few weeks and months, Trump has given a number of justifications for the escalation of the trade conflict between Canada and the United States. Friday, it is Zero in DST.
DST affects huge companies that provide digital services – such as online advertising or shopping – and earn more than $ 20 million of revenue from Canadian sources. Taxes will be imposed on giant companies such as Amazon, Apple, Airbnb, Google, Meta and Uber on the money they earn from Canadian users and customers.
US President Donald Trump indicated that he would increase government spending and reduce some financial restrictions through a new spending bill called “the big beautiful bill” last week. Mark Ting, a partner with an institution’s wealth and the column writer in personal financing on the coast, says the markets have already responded positively to the draft law.
The tax has been in effect since last year, but the first payments are scheduled to start on Monday. It is retroactively until 2022, so companies will end with an American bill worth $ 2 billion due by the end of July.
Revenue is a great benefit. The Parliamentary Budget Office estimated last year that the tax will bring more than $ 7 billion over a period of five years.
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