ADVERTISEMENT

Elderly Democratic Rep Falls On House Floor Protesting ‘BBB’

ADVERTISEMENT

The sweeping tax cut legislation delivers on several key pillars of President Trump’s agenda, most notably the permanent extension of the individual tax cuts he first enacted in 2017. It also eliminates most taxes on tips, overtime pay, and Social Security benefits for seniors.

The bill includes major changes to Medicaid, which has ballooned in both size and cost over the past decade. It tightens eligibility rules to exclude unauthorized immigrants and others who don’t qualify, a move projected to reduce Medicaid spending by $1 trillion over the next ten years.

In addition, the legislation allocates $46.5 billion to complete Trump’s long-standing 2016 campaign pledge to build a wall along the U.S.-Mexico border—a promise left unfinished during his first term.

ADVERTISEMENT

Leave a Comment

ADVERTISEMENT