Trump Tax Immigration Agenda

The Republican-led House of Representatives passed the “One Big Beautiful Bill Act” by a single vote, 215-214, advancing President Donald Trump’s tax and immigration agenda.  

Trump Tax Immigration Agenda: After weeks of intense internal debate and negotiations thin the GOP, the Republican-led House of Representatives passed the “One Big Beautiful Bill Act” by a narrow margin of 215-214, marking a significant milestone in advancing President Donald Trump’s tax and immigration agenda. The bill’s passage was announced by Speaker Mike Johnson, who beamed with pride as he declared the measure had been approved by a single vote. Johnson had been working tirelessly to meet his self-imposed deadline of passing the bill by Memorial Day, before lawmakers head into recess.

 

The sweeping package includes a range of provisions designed to deliver on Trump’s domestic campaign promises, including substantial tax cuts, Medicaid reform, and increased immigration spending. During the final vote, Republican lawmakers congratulated each other with handshakes and back slaps, while someone playfully played Queen’s “We Are The Champions” on their phone. The chamber erupted in cheers, whistles, and applause as the threshold for passage was achieved at 6:54 a.m.

 

Key Provisions of the Bill:

 

– Medicaid Reform: The bill introduces new Medicaid work requirements, set to kick in by December 31, 2026, a change from the original proposal of 2029. This move is expected to reduce spending and is seen as a win for GOP hardliners. Additionally, the bill includes incentives for states not to expand Medicaid, with Medicaid expansion states increasing state-directed payments up to 110% to maintain the structure.

– Tax Cuts: The bill raises the SALT deduction to $40,000 for incomes under $500,000, a significant increase from the $10,000 cap implemented in the 2017 Tax Cuts and Jobs Act. This concession aims to satisfy blue-state Republicans who conditioned their support on lifting or raising the cap on these deductions.

– Immigration Spending: The bill includes billions in border security reimbursements, with the Department of Homeland Security appropriating $12 billion to states for costs associated with Biden-era border actions through September 30, 2029.

– Other Provisions: The bill also includes expedited cuts to clean energy credits, ends the tax on silencers, and introduces “Trump Savings Accounts,” formerly known as MAGA Accounts, with the president’s last name appearing over 50 times in the manager’s amendment.

Still on Trump Tax Immigration Agenda

Trump took to social media to celebrate the bill’s passage, calling it the “most significant piece of Legislation that will ever be signed in the History of our Country!” He praised Speaker Johnson and the House Leadership, urging the Senate to send the bill to his desk as soon as possible. Johnson, in a news conference after the vote, boasted about the achievement, saying, “It’s finally Morning in America again,” and emphasizing that the media and Democrats had underestimated House Republicans’ ability to pass the bill.

 

The bill’s journey was marked by intense negotiations and challenges, particularly regarding Medicaid work requirements and the cap on state and local tax deductions. Trump met with House Speaker Johnson and members of the House Freedom Caucus to shore up support, after earlier negotiations fell apart. Despite the GOP’s internal divisions, the bill passed with only two Republican lawmakers, Reps. Thomas Massie and Warren Davidson, opposing it, alongside the entire Democratic Caucus. Rep. Andy Harris, chairman of the House Freedom Caucus, voted present.

 

The bill now moves to the Senate, where Republican lawmakers are expected to make changes. The Senate Republican conference has already signaled that they plan to revise the legislation, adding another layer of complexity to the bill’s journey.

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