JOURNAL ARTICLE

US House Committees to Begin Debate on Trump Tax Cuts on Tuesday.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Wasson, Erik; House, Billy 3 of 3

Abstract

Key House committees in the US are set to debate President Trump's tax cuts next week, with discussions focusing on tax cuts and Medicaid reductions. Republicans are still divided on key details such as state and local tax deductions and the estate tax. The Energy and Commerce Committee is tasked with finding $880 billion in savings, which includes cuts to Medicaid, a contentious issue among Republicans. The House Agriculture Committee will also debate changes to the Supplemental Nutrition Assistance Program, with concerns raised about potential harm to constituents. The goal is to have a vote on the tax and spending package by the end of May, requiring support from most House Republicans. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/05, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:185033976
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