By Erik Wasson
Senate Republicans propose to cut trillions of dollars in taxes for households and businesses in their version of President Donald Trump’s signature economic package, a plan that comes at the expense of curbing health coverage for some low-income Americans and adding to US deficits.
The bill would preserve Trump’s first-term tax cuts and create several new breaks that he championed on the campaign trail — including eliminating taxes on tips. To offset the cost, senators are proposing to repeal some clean energy tax credits and scale back Medicaid benefits spending more deeply than in the House-passed bill.
Within hours of the bill’s release, cracks were forming among Republicans about the scope of the Medicaid cuts.
“This bill needs a lot of work,” US Senator Josh Hawley, a Missouri Republican, told reporters Monday. “This will close hospitals in rural America.”
Republicans can only afford to lose three votes in the Senate, putting pressure on GOP leaders to broker compromises to push Trump’s agenda through the chamber.
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