President Trump plans to sign a tax breaks and spending cuts package after achieving significant Republican backing in Congress. The legislation extends previous tax cuts and significantly cuts funding for Medicaid and food assistance. Democrats criticized the package as favoring the wealthy and projected that millions of people would lose health insurance. The bill was passed narrowly in the Senate amid party tensions, reflecting a significant GOP effort to prioritize their legislative agenda.
The legislation, the president said, is 'going to make this country into a rocket ship. It's going to be really great.'
I never thought that I'd be on the House floor saying that this is a crime scene,' Democratic leader Hakeem Jeffries of New York said during a record-breaking speech that delayed the bill's passage.
The legislation extends Trump's 2017 multitrillion-dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion.
Congress' nonpartisan scorekeeper projects that nearly 12 million more people will lose health insurance under the law.
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