House Approves Major Tax Overhaul with Controversial Provisions

and tax overhaul. After an all-night session, the House Ways and Means Committee approved the bill, which includes a $1.5 trillion tax cut and a repeal of the individual mandate of the Affordable Care Act. The Energy and Commerce Committee also passed a provision to allow drilling in the Arctic National Wildlife Refuge, a long-standing priority for Republicans. The bill also includes a controversial provision that would allow churches and other non-profits to engage in political activities without risking their tax-exempt status. While Democrats have strongly opposed the bill, arguing that it primarily benefits the wealthy and increases the national debt, Republicans see it as a crucial step towards fulfilling their promise of delivering tax cuts and reform. The bill is now expected to move to the House floor for a vote next week, where it is likely to pass due to the Republican majority. However, the bill's future in the Senate is uncertain as it faces opposition from some Republicans who are concerned about the potential increase in the national debt. The Senate has its own version of the bill, which includes a repeal of the individual mandate, but differs in other key areas. If the House and Senate are able to come to a compromise, the bill would then go to President Trump for his signature. With the mid-term elections approaching, the GOP is eager to deliver on their promises and pass this bill, but it remains to be seen whether it will ultimately be successful." The House has approved President Trump's "big, beautiful bill" after an all-night session, with three committees voting to advance some of the most controversial parts of the major budget and tax overhaul. The bill includes a $1.5 trillion tax cut and a repeal of the individual mandate of the Affordable Care Act. Republicans also included provisions for drilling in the Arctic National Wildlife Refuge and allowing churches to engage in political activities without risking their tax-exempt status. While Democrats have spoken out against the bill, Republicans see it as a crucial step towards fulfilling their promise of delivering tax cuts and reform. The bill is expected to move to the House floor next week for a vote, but its future in the Senate is uncertain as some Republicans have expressed concerns about the increase in national debt. The Senate has its own version of the bill, but differences in key areas need to be reconciled before it can be signed into law by President Trump. With the mid-term elections approaching, the GOP is eager to pass this bill, but it remains to be seen whether it will ultimately be successful.