US President Donald Trump made his final push for his massive tax break and spending cut package at a White House event, with the Senate expected to vote in the coming days.
The so-called “One Big Beautiful Bill” would extend expiring tax breaks from Trump’s first term worth $4.5 trillion, but would strip millions of the poorest Americans of health care and add over $3 trillion to the deficit over a decade.
Trump told officials and supporters that the package is “one of the most important pieces of legislation in the history of our country.”
“And everyone is saying it — practically everyone,” the Republican leader added.
“A great, beautiful law (will) protect our borders, boost our economy, and bring back the American dream.”
Senate Republicans want to start voting on the package, which Trump considers key to his legacy, with the hope of presenting it to Trump by July 4.
But those self-imposed deadlines appear set to be missed, as Republicans in the Senate and House of Representatives are deeply divided over spending and debt issues.
They are using a special procedure to avoid having to rely on the votes of the Democratic minority, but currently do not have enough support within their own party to pass the package.
Independent analyses suggest that the bill would pave the way for a significant redistribution of wealth from the poorest 10% of Americans to the richest.
According to extensive recent surveys, it is extremely unpopular among various demographic, age, and income groups.
Several Republican senators oppose provisions that would cut Medicaid, the health insurance program for low-income Americans, and threaten to close dozens of rural hospitals.
More than a dozen Republicans in the House of Representatives have warned that they will not support the Medicaid cuts, but lawmakers in both chambers have complained that the savings in the package are not enough.
Although the House of Representatives has already passed its version, the two chambers must agree on the same text before it can be signed into law.
Republican leaders were working on a version that could be quickly approved by the House of Representatives without having to return to the negotiating table.
Majority Leader John Thune can only lose three Republican senators on each vote, and the margin in the House of Representatives—depending on attendance—is similar.
Trump was joined at the White House by “ordinary Americans” who will benefit from the bill, according to the White House, including waiters, food delivery drivers, and border patrol agents.
“We will celebrate for a long time because we are changing our country,” Trump said. “We are taking back our country and governing with common sense.” |BGNES