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Trump Tax Bill Advances After GOP Deal for Faster Medicaid Cuts
News May 19, 2025 at 10:31 AM
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What You Need To Know
- The House Budget Committee vote paves the way for passage of the legislation as soon as Thursday.
- The bill's Medicaid cuts could face skepticism from moderate Republicans.
- Adjustments to the SALT deduction cap and the rollback of green energy tax credits are still being hammered out.
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