Is the Trump Tax Bill back on track? GOP Leadership announces the long-awaited update

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WASHINGTON – Republican Holdout appears to have signed a contract with House GOP leadership to advance President Donald Trump’s sweeping tax policy bill.

The Act will be tweaked to increase the implementation of Medicaid work requirements from 2029 to December 2026. It cuts off many green energy tax credits for projects that began 60 days after the bill passed. Change the name of your new savings account from your MAGA account to your TRUMP account. According to an amendment released late May 21, it will increase the state and local tax credit caps for people under $500,000 a year to $40,000.

“I think all of our colleagues here will really like the final product. I think we’re going to move forward,” House Speaker Mike Johnson told reporters Wednesday evening before the changes were released.

In addition to some outstanding policy demands, there are demands that Republicans have been discussing at the meeting for several days. Republicans introduced the amendments and passed the main committee before 11pm, but Democrats protested that they had no opportunity to consider the deal.

“We don’t know the impact of the changes being changed,” said Rep. Jim McGovern of D-Massachusetts, who attended a meeting to discuss the law for about 20 hours before the changes were introduced.

Lawmakers are expected to vote for the bill immediately tonight or tomorrow morning. They only lose three Republican votes, but still cross the finish line. The bill will then be reviewed by the Senate before going to the president’s desk.

The amendment includes others seeking to roll back Biden-era green energy subsidies, including blue National Republicans seeking higher state and local tax credits, after several negotiations between House Republican leaders and several factions of the conference, where ultra-conservative members of the House Free Caucus are seeking deeper cuts.

However, it is not clear that there are enough votes to pass the law. Some lawmakers say they are not satisfied with the change. For example, R-New York’s Rep. Andrew Garbarino told reporters he was “not satisfied” with the changes to the Green Energy Tax Credit.

The lawmakers went to the White House in the afternoon on May 21, where Trump urged lawmakers to get on the plan. The Administration issued a statement saying, “Don’t pass this bill would be the ultimate betrayal.”



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