{"id":246309,"date":"2025-05-18T23:07:12","date_gmt":"2025-05-18T23:07:12","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/republicans-look-to-get-trumps-big-bill-back-on-track-with-rare-sunday-committee-session\/"},"modified":"2025-05-18T23:07:12","modified_gmt":"2025-05-18T23:07:12","slug":"republicans-look-to-get-trumps-big-bill-back-on-track-with-rare-sunday-committee-session","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=246309","title":{"rendered":"Republicans look to get Trump\u2019s big bill back on track with rare Sunday committee session"},"content":{"rendered":"


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<\/p>\n

Republicans will look to get their massive tax cut and border security package back on track during a rare Sunday night committee meeting after that same panel voted against<\/a> advancing the measure two days earlier, a setback that Speaker Mike Johnson is looking to reverse quickly.<\/p>\n

Deficit hawks joined with Democratic lawmakers on the House Budget Committee in voting against reporting the measure to the full House. Five Republicans voted no, one on procedural grounds, the other four voicing concerns about the bill’s impact on federal budget deficits.<\/p>\n

Johnson expressed confidence the bill will advance out of the committee and be on the House floor by the end of the week.<\/p>\n

\u201cThis is the vehicle through which we will deliver on the mandate that the American people gave us in the last election,\u201d he said in a Fox<\/a> News interview that aired Sunday.<\/p>\n

The Republicans who criticized the measure noted that the bill’s new spending and the tax cuts are front-loaded in the bill, while the measures to offset the cost are back-loaded. For example, they are looking to speed up the new work requirements that Republicans want to enact for able-bodied participants in Medicaid. Those requirements would not kick in until 2029 under the current bill.<\/p>\n

\u201cWe are writing checks we cannot cash, and our children are going to pay the price,\u201d said Rep. Chip Roy, R-Texas, a member of the committee. \u201cSomething needs to change, or you\u2019re not going to get my support.\u201d<\/p>\n

Johnson said the start date for the work requirements was designed to give states time to \u201cretool their systems\u201d and to \u201cmake sure that all the new laws and all the new safeguards that we\u2019re placing can actually be enforced.\u201d<\/p>\n

Roy was joined in voting no by Reps. Ralph Norman of South Carolina, Josh Brecheen of Oklahoma and Rep. Andrew Clyde of Georgia. Rep. Lloyd Smucker of Pennsylvania switched his vote to no in a procedural step so it could be reconsidered later, saying after the hearing he was confident Republicans would \u201cget this done.\u201d Johnson said talks to deal with their concerns were continuing Sunday.<\/p>\n

Remarkably, the vote against advancing the bill came after President Donald Trump had called on Republicans in a social media post to unite behind it.<\/p>\n

\u201cWe don\u2019t need \u2018GRANDSTANDERS\u2019 in the Republican Party,” Trump posted. “STOP TALKING, AND GET IT DONE!\u201d<\/p>\n

At its core, the sprawling package permanently extends the existing income tax cuts<\/a> that were approved during Trump\u2019s first term, in 2017, and adds temporary new ones that the president campaigned on in 2024, including no taxes on tips<\/a>, overtime pay and auto loan interest payments. The measure also proposes big spending increases for border security and defense.<\/p>\n

The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog group, estimates that the House bill is shaping up<\/a> to add roughly $3.3 trillion to the debt over the next decade.<\/p>\n

Democrats are overwhelmingly opposed to the measure, which Republicans have labeled \u201cThe One, Big, Beautiful Bill Act.” Rep. Pramila Jayapal, D-Wash., called it, \u201cone big, beautiful betrayal\u201d in Friday’s hearing.<\/p>\n

\u201cThis spending bill is terrible, and I think the American people know that,\u201d Rep. Jim Clyburn, D-S.C., told CNN’s “State of the Union” on Sunday. \u201cThere is nothing wrong with us bringing the government in balance. But there is a problem when that balance comes on the back of working men and women. And that\u2019s what is happening here.\u201d<\/p>\n

Johnson is not just having to address the concerns of the deficit hawks in his conference. He’s also facing pressure from centrists who will be warily eyeing the proposed changes to Medicaid, food assistance programs and the rolling back of clean energy tax credits. Republican lawmakers from New York and elsewhere are also demanding a much large state and local tax deduction.<\/p>\n

As it stands, the bill proposes tripling what\u2019s currently a $10,000 cap on the state and local tax deduction, increasing it to $30,000 for joint filers with incomes up to $400,000 a year.<\/p>\n

Rep. Nick LaLota, one of the New York lawmakers leading the effort to lift the cap, said they have proposed a deduction of $62,000 for single filers and $124,000 for joint filers.<\/p>\n

If the bill passes the House this week, it would then move to the Senate, where Republican lawmakers are also eyeing changes that could make final passage in the House more difficult.<\/p>\n

Johnson said: \u201cThe package that we send over there will be one that was very carefully negotiated and delicately balanced, and we hope that they don\u2019t make many modifications to it because that will ensure its passage quickly.”<\/p>\n

This story was originally featured on Fortune.com<\/a><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Republicans will look to get their massive tax cut and border security package back on track during a rare Sunday night committee meeting after that same panel voted against advancing the measure two days earlier, a setback that Speaker Mike Johnson is looking to reverse quickly. 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