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Today on Capitol Hill: Rescissions Package, Budget Talks and Milk Bill for Schools

  • On May 13, 2025, a bill was presented to extend the 2017 tax cuts, which includes a new tax credit designed to help small businesses that implement CHOICE arrangements, allowing companies with under 50 full-time employees to qualify for financial incentives over two years.
  • This bill aims to prevent small businesses from losing health benefits access by offering a $100 monthly tax credit per enrolled employee for two years, reflecting prior successes in Indiana.
  • The One Big Beautiful Bill aims to permit employees to pay for health insurance plans acquired through the Exchange using pre-tax dollars, which would lower expenses for workers and reduce payroll taxes for employers.
  • The bill, described as partisan, faces opposition for cutting roughly $700 billion from Medicaid, risking 1.5 million New Yorkers' insurance and $3 billion in hospital funding, according to Governor Hochul and Leader Jeffries.
  • As the Senate prepares to debate the bill this week, protests highlight fears of healthcare disruptions, while some Republicans support it as tax-cutting and commonsense legislation despite dissent within their ranks.
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Today on Capitol Hill: Rescissions package, budget talks and milk bill for schools

We're tracking several developing headlines on Capitol Hill, including lawmakers debating President Donald Trump's "one big beautiful bill" and another measure allowing schools to serve whole and 2% milk.

·Birmingham, United States
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  • 64% of the sources are Center
64% Center
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DailyTruthReport broke the news in on Sunday, June 1, 2025.
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