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House Committee Advances Controversial $3.3 Trillion Tax Bill

5/19/2025

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Summary

Story summary

In a narrow 17-16 vote, the House Budget Committee pushed forward President Trump's controversial tax cut and spending bill, despite pushback from conservatives. With significant Medicaid cuts and tax breaks on the table, the proposal could balloon the national debt by $3.3 trillion, setting the stage for intense debate in the House and Senate ahead of the Memorial Day deadline.

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Story summary

In a narrow 17-16 vote, the House Budget Committee pushed forward President Trump's controversial tax cut and spending bill, despite pushback from conservatives. With significant Medicaid cuts and tax breaks on the table, the proposal could balloon the national debt by $3.3 trillion, setting the stage for intense debate in the House and Senate ahead of the Memorial Day deadline.