GOP, Trump and bill
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President Donald Trump is expected to head to Capitol Hill on Tuesday to meet with congressional Republicans as they aim to reach agreement on a sweeping tax-cut bill, with their narrow majority divided over the scope of spending cuts.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
Republicans are trying to get a fiscal bill through the House this week. It’s a complex piece of legislation that includes tax cuts, spending increases, spending reductions and some tax hikes. In total,
Trump will personally try to keep the House GOP conference united on the tax and immigration bill, his press secretary says.
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
New rules would restrict access to the low-income health insurance program, punish states covering undocumented children, and shift costs to states.
It’s a huge week for House Republicans as they seek to pass a massive bill for President Donald Trump’s agenda through their narrow majority along party lines.
House Republicans plan to move ahead with a vote this week on the legislation containing President Trump's second term agenda, which includes spending on tax cuts, as well as border security and defense priorities.