Donald Trump returns this Friday and in Washington a bad news awaits you. The hard wing of the Republican Party has blocked in the House of Representatives the processing of the Great Law on Taxes and Expenditure Cuttings that the president of the United States promotes as after the setbacks caused by his commercial political chaotic, which has forced him to rectify again and again, now danger
Five Republican congressmen have voted against the bill in the commission of the House of Representatives, so that the presentation has been defeated by 21 votes to 16. The law intends to extend, which expires at the end of the year, and approve some of the promises of tax cuts that Trump promised in an electoral campaign – sometimes deceptive, because it promised to approve them the first day, despite the fact that it is not something that is not something that is not something. Among those promises are overtime and the deduction of the interests of some loans for the purchase of cars.
The project also increases some tax relief for average income, including a standard deduction of 32,000 dollars (28,700 euros) for taxpayers who present joint statements and a temporary increase of 500 dollars in deduction for children, which becomes $ 2,500. It also foresees an injection of 350,000 million for the Trump deportation program and to reinforce the pentagon.
The result of the vote was seen to come because the law would contribute to aggravate the fiscal crisis that the United States is going through, raising the deficit and debt in multimillionaire amounts. Several Republican congressmen have stood out as defenders of greater austerity and claim more aggressive spending cuts to compensate for the loss of collection that would derive from the norm.
The rebel congressmen disregarded Trump’s own calls to close ranks in a salt -feed message with his usual demagogy. “Republicans must join behind ‘The only, great and wonderful law!’ Speakers’ In the Republican Party.
Although it was actually reduced with respect to the one left Trump, during whose mandate the public debt shot. Biden also left an economy that grew at a good pace, with the unemployment rate near historical minimums and virtually controlled inflation.
In the first four months of its second term, it has weakened the Tax Agency and its collection capacity and has promoted a tax reduction that would firing again both the deficit and the debt. At the same time, he has made minor spending cuts through the Department of Government Efficiency (Doge) of Elon Musk, which has inflated his achievements with bulk errors. At the same time, Trump and Musk have launched both bulls and accusations of corruption against democrats without evidence or complaints before the courts.
Although the law promoted by Trump and Republicans reaffirms an unsustainable path for public accounts, it can promote short -term activity with that expansive fiscal policy. Therefore, the president had it to repair part of the damage to economic growth caused so far with its measures.
Threats of reprisals
The president of the House of Representatives, Mike Johnson, will continue trying to carry out the law. On previous occasions, Trump has threatened the Discol congressmen with political reprisals if they do not align with him. We will have to see if the Trumpist pressure or some concessions make them enter the sidewalk. Against the norm, congressmen Chip Roy (Texas), Ralph Norman (South Carolina), Josh Brecheen (Oklahoma), Andrew Clyde (Georgia) and Lloyd Smucker (Pennsylvania) have voted. Roy is the leader of the group.
They claim more drastic cuts in health spending and in fiscal incentives to the green energy of the Biden era, among other changes in a bill of 1,116 pages that need to be approved by the House of Representatives and the Senate to get ahead.
In his attempt to achieve greater cuts in spending, the most conservative congressmen are pointing to Medicaid, the health care program for about 70 million Americans. They want the new labor requirements for the beneficiaries of the aid to go into force immediately, instead of January 1, 2029, as proposed by the standard.
In parallel, some republican congressmen of states with high taxes, such as New York, demand a broader basic fiscal deduction. The standard proposes tripling the current maximum limit of $ 10,000 for the deduction of state and local taxes, increasing this figure to $ 30,000 for taxpayers who submit joint statements with income of up to $ 400,000 a year. Nick Lalota, congressman for New York, claims a $ 62,000 deduction for individual taxpayers and $ 124,000 for joint statements.
The Democrats, meanwhile, denounce that millions of people would lose their sanitary coverage or see their food aids reduced if the bill was approved, while the richest Americans would benefit from huge tax cuts.
To partially compensate for taxes, the law aims to cut more than one billion dollars in health and food assistance programs over a decade, partly imposing labor requirements for healthy adults. Certain beneficiaries of Medicaid would have to work 80 hours a month or perform other community activities to receive health care. That could deprive about 7.6 million people, according to the Budget Office of Congress.
Likewise, the elderly Americans who receive food help through the supplementary nutritional assistance program, known as SNAP, would also see the current requirement of the work program for healthy participants without people in charge, so that people between 55 and 64 years would be included. That can deprive about three million beneficiaries. The states would also have to assume much of the cost of the program.
