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deeper Medicaid cutsWashington Examiner
•Business
Business & Economics
73% Informative
The House Rules Committee voted 8 -4 along party lines to advance the tax bill to the House floor.
The hearing began without the so-called manager’s amendment that included last-minute deals with GOP lawmakers on trimming Medicaid spending and increasing the SALT cap on state and local tax deductions.
The updated bill text was released late Wednesday night after the hearing began.
Speaker Mike Johnson has promised to meet his self-imposed deadline of passing the bill before Memorial Day holiday .
The independent Congressional Budget Office projected the proposal would pile on some $3 trillion over the next decade to the national debt, which already stands at an eye-popping $36 trillion .
Democrats also pointed to a new CBO analysis on the wealth gap that found the bill’s tax cuts and reductions to healthcare and food benefits would decrease resources by 2% for the poorest households in 2027 .
The White House argues the bill will produce more economic growth and boost wages.
VR Score
75
Informative language
73
Neutral language
33
Article tone
formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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