See the Full Picture.
Published loading...Updated

House Budget Committee rejects Trump agenda bill in major setback for GOP leaders

  • House Republicans failed on May 16, 2025, to pass their tax and spending package in the House Budget Committee in Washington, D.C., with a 16-21 vote.
  • The rejection stemmed from dissent among conservative GOP members demanding steeper spending cuts, especially to Medicaid and green energy tax breaks, complicating Speaker Mike Johnson's agenda.
  • The legislation included extending Trump-era 2017 tax cuts, new tax breaks such as no taxes on tips and overtime, and slashing over $1 trillion in health and food assistance, risking millions losing coverage.
  • The nonpartisan Congressional Budget Office estimated 7.6 million fewer insured people and about 3 million fewer monthly SNAP recipients under the bill, while Moody's projects deficits rising to nearly 9% of GDP by 2035.
  • The failed vote delays the bill, forcing weekend negotiations as Republicans face pressure to unify and finalize the package before the self-imposed deadline next Friday amid growing GOP resistance.
Insights by Ground AI
Does this summary seem wrong?

348 Articles

All
Left
82
Center
124
Right
55
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 48% of the sources are Center
48% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Fortune broke the news in New York, United States on Wednesday, May 14, 2025.
Sources are mostly out of (0)