House Republicans Just Approved a $2 Trillion Cut To Medicaid To Allow Trump’s Tax Cuts
House Republicans on Thursday narrowly passed the Senate’s version of the 2018 budget resolution, overcoming a key hurdle for President Donald Trump’s tax-reform proposal.
The budget will allow Republicans to pass a tax overhaul that adds up to $1.5 trillion to the deficit through a process known as reconciliation, which only requires 51 votes to pass in the Senate.
Twenty Republicans voted against the budget in the 216-212 vote, more than the 18 who voted against the original House version earlier this month.
Most of the 20 defectors were centrists hailing from populous states that could stand to lose from eliminating the state and local tax deduction.
Those lawmakers included Reps. Dan Donovan (N.Y.), John Faso (N.Y.), Brian Fitzpatrick (Pa.), John Katko (N.Y.), Pete King (N.Y.), Leonard Lance (N.J.), Frank LoBiondo (N.J.), Tom MacArthur (N.J.), Chris Smith (N.J.), Elise Stefanik (N.Y.), Claudia Tenney (N.Y.) and Lee Zeldin (N.Y.).
“We must provide middle-class tax relief and lower the burdens on job-creating small businesses. I could not, however, vote in support of a budget resolution that singled out for elimination the ability of New York families to deduct state and local taxes,” Faso said in a statement.
Democrats excoriated the budget for outlining plans that would cut programs such as Medicare and Medicaid in an effort to balance the budget over a decade.
“There’s a lot of unjustifiable provisions in this budget. On top of massive tax cuts for the rich, it cuts vital national investments, threatening our economic progress and our national security,” said House Budget Committee ranking member John Yarmuth (D-Ky.), citing more than $4 trillion in mandatory spending cuts and almost $2 trillion in cuts from Medicare and Medicaid.
Adoption of the budget will now set in motion Republicans’ plans to release their tax reform bill in the coming days.
Brace for impact.