“This should be a simple yes for Republicans, it’s ridiculous!” The president of the United States, Donald Trump, desperately desperate to see his beloved law that triggers the deficit and debt due to mass tax cuts and the increase in spending on the fight against migrants and defense. “What do Republicans expect? What do they try to demonstrate?” Trump insisted: “The magician is not happy and is costing votes !!!”
Trump was suffering because the hours passed for a procedural vote that paved the way for the final vote of his law and did not have enough votes.
In the end, the president of the House of Representatives, Mike Johnson, left the vote open six hours, until he has convinced enough Republicans who were in the no to move to yes and add 219 votes against the 213 of the Democrats in a procedural vote prior to the final debate and definitive vote of the fiscal megaley promoted by the White House.
They were already beyond four in the morning in Washington DC, at which time the road was paved to a final approval throughout Thursday and thus be able to comply with Trump’s wishes: have the law ready to sign for July 4, the US National Festival.
The law has been permanently approved at 14.32 of Washington DC – 20.32 Spanish peninsular time -, by 218 to 214 votes, after an agonizing week in the Capitol, and after an intervention of almost nine hours of the Democratic leader in the House of Representatives, Hakeem Jeffries, a new record, in which he has broken down the consequences of the law that shapes the law that shapes the political agenda. For the legislature, focused on defense, borders and the expulsion of migrants.
Segín explained this Thursday the president of the United States before flying for an act in Iowa, the signing of the law will not be discreet this Friday, the day of the National Party: “We will lfirmar the order over the five, and that of the five will have aircraft V-20, F-20 and F-30 flying over the White House. The President of the Chamber, Mike Johnson; There, together with the majority, I think, of the Senators and Republican congressmen.
The idea of quickly summoning the House of Representatives to a vote on a bill of more than 900 pages after its approval the previous day in the Senate has been a risky movement that only responded to Trump’s whim, which has generated that some Republicans resist approved with the eyes closed and without touching the version of the Senate less than 24 hours after its approval by this camera.
That is what the Republicans who considered the medicaid cuts of the Senate bill, on the one hand, with those who criticize the law to trigger the debt and deficit for the increase in spending and reduction of income.
Cuts
The bill extends and makes several tax exemptions permanent for people and companies in Trump’s first mandate. In addition, he adds others that he promised during the 2024 campaign, such as workers to deduce tips and payment of overtime, as well as a deduction of $ 6,000 for most older adults who earn less than $ 75,000 a year. In total, the legislation contains around 4.5 billion dollars in tax cuts over 10 years.
The bill also foresees about 350,000 million dollars for defense and Trump’s migratory offensive. Republicans partially finance all this through a lower expense in Medicaid and food assistance.
The Congress Budget Office projects that the bill will add about 3.3 billion dollars to the federal debt during the next decade.
The House of Representatives approved its version of the bill in May by a single vote, and now it has been asked to give its final approval to a version of the Senate that, in many cases, aggravates the debt problem because it has made the cuts deeper.
Rupture with Musk
“It is obvious, with the crazy expense of this bill, which increases the ceiling of the debt in the record of five billion dollars, which we live in a uniparty country: the game of the fat pig !!”, tweet Elon Musk this Monday, the eve of the great vote.
Thus Elon Musk returned to the load, until a month ago Donald Trump’s advisor and responsible for his team cuts, called Doge. The norm provides “mass” tax and social services cuts, in addition to an increase in military spending and on borders.
“It’s time to create a new political party that really worries about people.” And he has concluded, attacking the Republican Neoliberal Bank that is supporting Trump’s law: “What can Freedom Caucus call themselves if they vote in favor of a draft slavery law by debt with the greatest increase in the ceiling of the debt of history?”
Republican senators have amended the version of the House of Representatives to make deeper cuts to social protection programs, such as medical medical insurance for low -income and disabilities. The Senate bill would also accelerate the elimination of tax exemptions to clean energy.
Companies benefit from the changes of the Senate that would permanently make a series of exemptions that had been temporarily planned in the version of the House of Representatives, as well as a more generous exemption for states companies with high taxes.
The law would extend tax and individual tax cuts, initially approved in 2017, which are about to expire, and incorporate new temporary exemptions for workers with tips and extra hours, older people and cars buyers requesting loans.
In addition, the project provides hundreds of billions of dollars in new funds for defense and for the offensive against migrants.
Source: www.eldiario.es
