Republican Lawmakers Working on Legislation to Advance Trump's Policies
Republican lawmakers are working on a multitrillion-dollar legislation to advance President Donald Trump's policies, aiming to have it on his desk by the Fourth of July. The bill includes tax cuts, defense, energy, immigration, and border security measures.
Key Points
- Legislation aims to extend 2017 Tax Cuts and Jobs Act and eliminate certain taxes
- Republicans hope to pass the bill by the Fourth of July to mark the 250th anniversary of the United States' founding
Pros
- Aims to codify President Trump's agenda into federal law
- Includes tax cuts, defense, energy, immigration, and border security measures
Cons
- Struggle to reconcile differences on clean energy and Medicaid in talks for spending cuts
- Facing challenges in meeting deadlines and potential national credit default