This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Politics > Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy
Politics

Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy

Editorial Board Published April 10, 2025
Share
Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy
SHARE

On Thursday, Home Republicans handed a finances blueprint that strikes them one step nearer to reducing taxes for the wealthy whereas on the identical time slashing Medicaid and meals stamps.

Republicans handed the finances by a vote of 216-214, with all Democrats and two Republicans—Reps. Thomas Massie of Kentucky and Victoria Spartz of Indiana—voting towards it. 

The destiny of the finances blueprint was doubtful, as Republican hardliners wished assurances that the finances would require the steep cuts to federal expenditures—which is able to most probably come from Medicaid and meals stamps. However all of them fell in line beneath stress from Home Speaker Mike Johnson and Pricey Chief Donald Trump.

In the end, the vote was the important first step within the finances reconciliation course of Republicans are utilizing to cross Trump’s agenda with out the necessity for any Democratic votes. 

However now comes the even more durable half: The blueprint merely instructs Home committees to seek out $1.5 trillion in cuts to the federal finances, which the GOP will use to solely partly pay for extending the tax cuts Republicans handed and Trump signed into regulation in 2017.

Associated | Shocker! Democrats have been proper about GOP plan to destroy Medicaid

The overwhelming majority of these cuts—$880 billion—are prone to come from Medicaid, this system that gives medical health insurance to 83 million low-income Individuals. One other $230 billion will come from the Home Agriculture Committee, which is prone to slash meals stamps to satisfy that objective.

Till now, Republicans lied by saying that their finances wouldn’t slash Medicaid and meals stamps—one thing they might do as a result of the finances solely included topline numbers every committee was instructed to chop. However now GOP lawmakers must truly put pen to paper and lay out the precise cuts they’ll make. 

And when Medicaid is on that checklist, Republicans might discover themselves in a world of political damage.

Reducing Medicaid and meals stamps in an effort to pay for Trump’s tax cuts for the wealthy is deeply unpopular. A Civiqs ballot carried out for Each day Kos in March discovered that 63% of registered voters have been towards making cuts to Medicaid and meals stamps to pay for tax cuts.

Even Trump’s personal pollster carried out a survey that discovered reducing Medicaid is a political loser. That survey, launched April 2, discovered that 74% of voters have a positive view of Medicaid—together with 61% of Trump voters. That very same ballot discovered simply 23% of voters assist reducing Medicaid in an effort to pay for tax cuts. 

Democrats are hammering Republicans for voting for the finances.


Former Home Speaker Nancy Pelosi

“The budget passed by House Republicans today steals $880 billion from Medicaid to give tax breaks to billionaires and big corporations,” former Home Speaker Nancy Pelosi wrote in a submit on X. “By voting for this cruel bill, Republicans have betrayed hardworking Americans by raising costs for those already struggling to make ends meet.”

“House Republicans just passed their pro-billionaire anti-middle-class budget blueprint,” Sen. Patty Murray (D-WA), vice chair of the Senate Appropriations Committee, wrote in a submit on X. “While Trump’s tariffs raise costs for families, Republicans are full steam ahead on their plan to cut programs like Medicaid & SNAP to hand out more tax cuts to billionaires.”

Thanks to the Each day Kos group who continues to battle so onerous with Each day Kos. Your reader assist means the whole lot. We’ll proceed to have you ever lined and hold you knowledgeable, so please donate simply $3 to assist assist the work we do.

TAGGED:BudgetcutsGiveGOPgutshouseMedicaidpassesRichtax
Share This Article
Twitter Email Copy Link Print
Previous Article Boutique vet clinics spruce up pet care with Prosecco, snazzy ready rooms and bespoke pricing Boutique vet clinics spruce up pet care with Prosecco, snazzy ready rooms and bespoke pricing
Next Article U.S. egg costs hit document as retailers hold prices excessive on provide fears U.S. egg costs hit document as retailers hold prices excessive on provide fears

Editor's Pick

I attempted Google’s new Search Dwell function and ended up debating an AI about books

I attempted Google’s new Search Dwell function and ended up debating an AI about books

Google’s new Search Dwell function lets customers maintain real-time voice conversations with an AI-powered model of Search The Gemini-powered AI…

By Editorial Board 6 Min Read
AI at Scale: Mohammed’s Revolutionary Architecture Behind the World’s Fastest Website Builder
AI at Scale: Mohammed’s Revolutionary Architecture Behind the World’s Fastest Website Builder

In an extraordinary technological breakthrough, Abdul Muqtadir Mohammed has fundamentally transformed how…

7 Min Read
Bobby Flay Pays Tribute to Anne Burrell: She was Unforgettable…
Bobby Flay Pays Tribute to Anne Burrell: She was Unforgettable…

Studying Time: 3 minutes Bobby Flay is the newest movie star to…

5 Min Read

Oponion

This is why Trump’s new press secretary is an actual piece of labor

This is why Trump’s new press secretary is an actual piece of labor

Donald Trump introduced Karoline Leavitt because the incoming White Home…

December 2, 2024

Masters 2025: Rory McIlroy lastly will get his inexperienced jacket

AUGUSTA, Ga. — Ultimately, when Rory…

April 15, 2025

Diddy Trial Will get Underway With Opening Arguments: Will Pregnant Cassie Ventura Take the Stand?

Studying Time: 3 minutes Now that…

May 12, 2025

SpaceX Plans to Take Dennis Tito Around the Moon on Starship Flight

The first commercial traveler to space…

October 12, 2022

Walmart Amps Up Cloud Capabilities, Reducing Reliance on Tech Giants

Walmart said on Thursday it has…

June 23, 2022

You Might Also Like

Democrats need new leaders. Plus, what People consider right-wing extremism
Politics

Democrats need new leaders. Plus, what People consider right-wing extremism

Survey Says is a weekly sequence rounding up an important polling tendencies or knowledge factors you might want to learn…

12 Min Read
MAGA backers like Trump’s ‘Large lovely Invoice’—till they study of well being penalties
Politics

MAGA backers like Trump’s ‘Large lovely Invoice’—till they study of well being penalties

And even Trump’s most ardent supporters just like the laws loads much less after they find out how it will…

6 Min Read
Republicans bounce to defend senator’s rancid feedback about Minnesota killings
Politics

Republicans bounce to defend senator’s rancid feedback about Minnesota killings

Congressional Cowards is a weekly sequence highlighting the cowards on Capitol Hill, who refuse to criticize Donald Trump or their…

3 Min Read
Releasing Widmer: An aunt’s journey to El Salvador’s infamous CECOT jail
Politics

Releasing Widmer: An aunt’s journey to El Salvador’s infamous CECOT jail

Jhoanna Sanguino was 11 years outdated when she held her nephew in her arms for the primary time.  She instructed…

11 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?