Trump tax-cut plan returns to US House, Republicans divided on bill

Reuters
2025.07.02 10:40
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The House GOP is set to debate a massive tax-cut and spending bill, aiming for a July 4 deadline despite internal divisions. The Senate passed the bill, which could add $3.3 trillion to the national debt, by a narrow margin. Concerns arise over Medicaid cuts and the bill's impact on healthcare. House Speaker Mike Johnson emphasizes the bill's alignment with Trump's agenda, while some Republicans express opposition due to spending increases. Democrats are united against the bill, citing its benefits for the wealthy and potential loss of health insurance for millions.