Medicaid, House Republicans and GOP
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Tax breaks tallying more than $5 trillion. But also sizable reductions in Medicaid health care, food stamps for older Americans and green energy strategies to fight climate change.
Under the plan, states would take on some financial responsibility for SNAP, and the size of the costs they take on would be tied to the error rate.
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Experts fear slashing over $290 billion could result in many households in need losing a critical nutrition lifeline.
Key Senate Republicans are resisting the House’s plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies.
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WASHINGTON (AP) — House Republicans proposed sweeping tax breaks Monday in President Donald Trump’s big priority bill, tallying at least $4.9 trillion in costs so far, partly paid for with cuts to Medicaid and green energy programs used by millions of Americans.
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Nevertheless, a new letter sent Monday from the CBO to committee Chairman Brett Guthrie confirms that the panel's legislative recommendations, released late Sunday, would meet its lofty target for $880 billion of savings over the next decade.
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A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of nonprofits that it says support terrorism.