Senate Republicans proposed further on Monday Medicaid cutsincluding new job requirements for teen parents to offset draft legislation that makes President Donald Trump’s tax cuts more permanent “Big, beautiful Bill.”
Republicans’ proposal retains the current $10,000 deduction for national and local taxes, called salt, from New York and other high-tax countries, Republican lawmakers quickly fought back, theyFight for the $40,000 capin the House of Representatives bill. The senator insisted that the negotiations continue.
The Senate draft also added a new tax break Trump proposed for seniors, with a greater deduction of $6,000 for senior families with low to middle income, earning no more than $75,000 per year for singles and $150,000 for couples.
All in all, the text revealed by Republicans in the Senate Finance Committee provides the most comprehensive view of the 1,000-page package that Republican senators want to doApproved by House Republicans last month. Republican leaders are pushing for a quick vote on the bill before Trump’s July 4 deadline.
Chairman R-Idaho Senator Mike Crapo said the proposal would prevent tax hikes and gain “massive savings” by cutting green energy funds “targeted waste, fraud and abuse.”
It’s AmericanWidely supportedBased on funding levels from the popular safety net programAssociated Press-Nok Public Affairs Research Center. Many Americans believe that Medicaid and food assistance programs are underfunded.
What’s on the big bill so far
Trump’s big bill is at the heart of his domestic policy agenda, Republican priorities are trapped in what he calls “beautiful bills” and Republicans try to pass quicklyThe Democratic Unified Opposition– The arduous task of the slow moving Senate.
The basis of the package is an extension for some people$4.5 trillion in tax reliefIf Congress fails to take action, it will be approved in the first semester of 2017, which will expire this year. There are also some new ones, including tips for no tax, and plan cuts of more than $1 trillion.
After the house has passed the version,Nonpartisan Congressional Budget OfficeIt is estimated that the bill will increase the country’s deficit by $2.4 trillion in a decade, with a decrease of 10.9 people without health insurance, largely due to proposed new job requirements and other changes.
The largest tax break, about $12,000 a year, will be used forThe richest familyAlthough the poorest tax is about $1,600, the CBO said. The tax relief for middle-income households is $500 to $1,000, the CBO said.
House and Senate packages are paying attention to a lotAccumulation of $350 billionHomeland Security and Pentagon funds include approximately $175 billion for Trump’s massive deportation efforts, such as hiring 10,000 immigrants and customs law enforcement officers or ICEs.
That’s because protests about deported immigrants erupted nationwide — including stunning handcuffs from Sen. Alex Padilla in Los Angeles last week, and deficit hawks like Sen. Rand Paul of Kentucky are questioning the huge spending of the Department of Homeland Security.
Senate Democratic leader Chuck Schumer warned that the Senate Republican draft “cuts Medicaid more deeply and devastating than the Republican Building bill disaster.”
Bill Risks Trade-offs for Republican Support
With the plan now handed over to the Senate, changes in Medicaid, salt and green energy programs are part of a series of trade-offs that Republican leaders have tried to pass by with their slim majority, with little to no vote.
But criticism of the Senate version soon emerged after House Speaker Mike Johnson warned the Senate to make a major change.
“We have made it clear that the salt agreement we negotiated sincerely with the Speaker and the White House must remain in the final bill,” R-Calif, co-chair of the House Salt Caucus. Young Kim, R-Calif. and Andrew Garbarino of RN.Y.
Rep. Nicole Malliotakis, Republican, released x The $10,000 cap in the Senate bill is not only an insult, but also a “face-to-face slap” with the Republican region where the White House delivered our majority.
Medicaid and green energy cuts
Some of the biggest costs saved in the package come from the Republican program, which imposes new job requirements on sound single adults aged 18 to 64, and has no dependents who accept Medicaid, a healthcare program used by 80 million Americans.
The House first proposed a new Medicaid job requirement, but it exempted parents from raising their custodians. The Senate version expands the requirement to include parents of children over 14 years of age, as part of their efforts to combat waste and promote personal responsibility.
Republicans have proposed expanding work requirements in supplemental nutrition assistance programs Breakincluding parents of older Americans under 64 and school-age children over 10 years of age. The house has imposed a requirement on parents of children over the age of 7.
People need to work 80 hours a month, or participate in a community service program to qualify.
A Republican, Missouri Senator Josh Hawley, joined several other efforts to save Medicaid measures, including the so-called provider tax, where nearly all states tax hospitals to help them provide funding.
The Senate plans to propose phase out the provider tax, which is now as high as 6%. Starting in 2027, the Senate hopes to gradually lower that threshold until it reaches 3.5% by 2031, with exceptions to nursing homes and intermediate care facilities.
Hawley slams the Senate bill’s changes to provider taxes. “It takes a lot of work. It’s really worrying, I’m really surprised,” he said. “The rural hospitals will be in a bad state.”
The Senate also co-pays the House proposed new $35 co-payment to some Medicaid patients who earn more than the poverty line, a family of four that is about $32,000 a year, in addition to some primary, prenatal, pediatric and emergency room care.
Senate Republicans are seeking phase-out in slower teenage yearsGreen energy tax exemptionTo continue developing the wind, the most conservative Republicans in Congress hope to end the solar and other projects sooner. Tax relief for electric vehicles will be eliminated immediately.
Conservative Republicans say the overall cuts are not far enough, opposing the bill’s provisions raise the national debt limit by $5 trillion to allow more borrowing to pay the bill.
“We have a way to solve this problem,” said Senator Ron Johnson, R-Wis.
This story was originally fortune.com
