Trump puts pressure on: he wants the law to sign on the table until the national holiday on Friday. That will be scarce. The final vote of the senators was expected on Monday evening or on the night of Tuesday (local time). If the draft goes through, it still has to go to the second reading in the House of Representatives.
Trump wants to implement some of his central election promises with the law. For example, tax reliefs from its first term of 4.5 trillion (around 3.8 trillion euros) are to be extended. In addition, taxes are to be deleted on drinking money and overtime and additional billions for defense and border protection are to be released. “We will experience growth that we have never seen before,” Trump told Fox News.
Reasons for health insurance are planned for counter -financing. According to the independent budget office in the congress, almost twelve million people are likely to lose their protection under the Medicaid program by 2034. The government debt is likely to increase by more than three trillion dollars to a new high in the same period.
Trump’s Republicans with 53 out of 100 seats have a narrow majority in the Senate. However, several senators from the presidential camp had expressed concerns about the planned social incisions and the increasing US debt. The Democrats call Trump’s draft “ugly” and want to be tuned with two independent senators.
