The republicans of the house will turn to work this week on their tax reduction and expenditure package, otherwise known as President Donald Trump“Big, nice bill”.
The package aims to extend the law on tax reductions and the 2017 GOP jobs, as well as to make several Trump campaign promises, such as the end of the taxes on advice. To help compensate for these tax discounts, which would total billions of dollars over a decade, the house is looking for at least 1.5 billion of dollars of discounts.
Chamber’s committees began to mark their portions last week, although the most controversial parts – including steep Medicaid cuts and food coupons, as well as tax reduction measures – must still be addressed in the coming days.
Here is what we know so far on the first versions of the proposed legislative package:
• Federal student loans: The Chamber’s plan could considerably restructure how students can borrow from the federal government for the college, as well as major changes in the Pell Populaire grant program.
• Defense expenses: The House Armed Services Committee offers to add around $ 150 billion to strengthen the country’s defense programs, including for the “Golden Dome” anti -missile defense initiativewhose feasibility and strategic value have been strongly questioned by experts.
• Immigration fees and ice funds: Immigrants who request asylum and work authorization, as well as those who request parole and temporary protection status may have to pay new or higher costs.
• Border security: House Homeland Security Committee offers tens of billions of dollars to strengthen border security, including $ 46.5 billion to extend and modernize the border barrier system.
• The power of judges to brake Trump: The plan could finance the application of Opplication Ordering against the Trump administration in certain cases, because the president leads a Multi-Front campaign to attack legal institutions Serve control over its aggressive use of executive power.
Learn more about the bill hereIncluding how it could have an impact on the federal advantages of employees, electric vehicles, air traffic control and other key problems.