House Republicans are set to vote on President Trump's $4.5 trillion bill focused on tax breaks and spending cuts before the July 4th deadline. The Senate has already approved the package on a narrow vote. Speaker Mike Johnson emphasizes their determination to finalize the legislation, aiming to encapsulate key GOP priorities. The bill includes $4.5 trillion in tax breaks, investment in national security, and cuts to programs like Medicaid and food stamps to offset tax revenue losses.
House Republicans are preparing to vote on President Trump's $4.5 trillion tax breaks and spending cuts bill, seeking to meet a pivotal Fourth of July deadline with intense negotiations underway.
The proposed package aims to ensure the continuation of existing tax breaks and introduces new ones, including additional deductions for older adults and investments in national security.
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