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House GOP Targets $1.5 Trillion Cuts Before Memorial Day

5/3/2025

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Republicans Propose Tax Cuts

House Republicans are pushing forward a bold tax and spending cuts package designed to extend the 2017 Tax Cuts and Jobs Act, echoing Trump’s campaign promises. This ambitious plan proposes $1.5 trillion in cuts, major shifts in student loans, higher immigration fees, and a hefty $150 billion boost for defense, with Speaker Mike Johnson targeting a vote before Memorial Day.

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Trump Prioritizes National Security

President Trump’s 2026 budget plan slashes non-defense spending by $163 billion, prioritizing national security over diversity programs and climate initiatives. As the national debt looms large and tariffs threaten tax hikes, Congress is gearing up to draft a substantial tax and spending bill to navigate these ambitious goals.

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Republicans Propose Tax Cuts

House Republicans are pushing forward a bold tax and spending cuts package designed to extend the 2017 Tax Cuts and Jobs Act, echoing Trump’s campaign promises. This ambitious plan proposes $1.5 trillion in cuts, major shifts in student loans, higher immigration fees, and a hefty $150 billion boost for defense, with Speaker Mike Johnson targeting a vote before Memorial Day.

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