Top Republicans are facing pressure to pass President Donald Trump’s tax and spending cuts package within a tight two-month deadline, sparking concerns within the GOP about resolving internal conflicts. Speaker Mike Johnson aims to finalize the package by July 4, pushing for swift House bill passage despite apprehensions among rank-and-file Republicans over the complex policy issues involved. The two chambers are navigating differences on corporate tax perks and healthcare cuts, with Sen. Josh Hawley highlighting the collision course on policy discrepancies.
House Republicans are moving quickly with committee markups while Senate Republicans proceed cautiously, emphasizing the challenging workload ahead. The focus is on reconciling major issues such as Medicaid reforms and food stamp program changes to achieve substantial savings targets. Key GOP committees are working to find consensus on contentious topics like work requirements for Medicaid recipients and eligibility checks.
Notable debates center on the federal medical assistance percentage (FMAP) in Medicaid spending, with conservatives advocating for states to bear a larger cost burden. Discord also surrounds potential cost-sharing mechanisms for the food stamps program. As negotiations intensify, GOP leaders face pressure to deliver significant savings to appease conservative factions, with a $1.5 trillion spending cuts target looming large. Despite the hurdles, efforts to reach compromises on contentious issues like state and local tax deductions are underway to advance Trump’s agenda.