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President Trump's top legislative priority was a victory for him and for Speaker Mike Johnson, who kept the president's trust throughout tricky negotiations.
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Trump's sweeping budget legislation has been described as the biggest Medicaid cut in U.S. history. House Republicans passed the bill early Thursday morning in a 215-214 vote. The legislation would trigger massive cuts to Medicare and Medicaid over the next 10 years, denying coverage to an estimated 7.6 million Americans, according to the Congressional Budget Office. Food assistance under the federal SNAP program would also see $300 billion in cuts, while adding billions in funding for Trump's mass deportation agenda and giving the wealthiest Americans a tax break.
"The legislation is basically a mugging conducted by the 1% against the rest of us. It represents the single largest upward redistribution of wealth effectuated by any piece of legislation in our history," says Chris Lehmann, D.C. bureau chief for The Nation.
Senate Republicans, who have voiced some concerns over the bill, will now have to pass their own version of the budget. With all Democratic senators opposed to the package, Republicans are working to use the reconciliation process to avoid a filibuster.
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Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
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(First column, 5th story, link)
Related stories: Republican Slams Massive Republican Spending Bill... Largest Upward Transfer of Wealth in American History? The bond market is breaking. Washington just made it worse...
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Get the latest news on President Donald Trump's return to the White House and the Republican-led Congress.
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The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in part by slashing health, nutrition, education and clean energy programs.
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Some napped, others pulled all-nighters, and most were bleary-eyed as they slogged to the end of a marathon House debate over President Trump's signature domestic policy legislation.
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