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Johnson says House on track for Trump budget vote within two days

  • House Speaker Mike Johnson stated on Tuesday that the 1,116-page Republican budget reconciliation bill will advance to a vote within two days in the House of Representatives.
  • The bill combines eleven House committee prints, fulfilling the GOP budget resolution’s spending and saving instructions while funding President Trump’s tax, border, and defense agendas amid ongoing challenges.
  • This legislation temporarily eliminates taxes on tips and overtime, raises deductions for seniors, repeals over $500 billion in energy subsidies, cancels Biden’s student loan forgiveness, and imposes work requirements on some Medicaid and SNAP recipients.
  • Johnson described the bill as a "nation-shaping piece of legislation," expressed he was "very confident" it will pass, and noted, "Failure is simply not an option" at a Tuesday press conference.
  • The bill is projected to cost between $3.3 and $4.1 trillion over the next ten years, factoring in $1.5 trillion in savings, and includes an increase to the debt limit exceeding $4 trillion; it is anticipated to be approved by the House before Memorial Day.
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The Virgin Islands Daily NewsThe Virgin Islands Daily News
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After meeting at the White House Speaker Johnson vows to push ahead on Trump's big bill

WASHINGTON — Defying opposition within his ranks, House Speaker Mike Johnson insisted late Wednesday that Republicans would march ahead on their multitrillion-dollar tax breaks package after a lengthy White House meeting with GOP holdouts refusing to back the bill.

·Cherokee County, United States
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Raw Story broke the news in United States on Tuesday, May 20, 2025.
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