Congress Races to Pass Massive Tax Cut Bill | JQJO

Congress is rushing to pass a massive bill before the July 4th deadline, aiming to make tax cuts permanent and add new ones. Republicans are facing challenges, with internal disagreements and procedural hurdles. The bill includes tax breaks for the wealthy, while offsetting costs through cuts to Medicaid, SNAP, and green energy programs. The projected cost is highly debated, with Republicans using a unique accounting method to minimize the apparent cost. Democrats strongly oppose the bill, citing its impact on the national debt and social safety net programs.