President Donald Trump’s signature tax cut legislation cleared a key committee vote on Sunday, advancing the spending bill to the House floor for a vote later this week.
This marks a major win for Speaker Mike Johnson (R-LA), helping him meet Trump’s Memorial Day deadline for the “big, beautiful bill.” Sources say several concessions were made to secure the support of hardline fiscal conservatives.
Rep. Chip Roy (R-TX) had opposed the bill over cuts to Medicaid and other programs, but negotiations led to potential changes, such as stronger Medicaid work requirements and reductions in Biden’s green energy spending. The bill aims to provide substantial tax deductions for households.
