Congressional Republicans are facing tough decisions as they return from their spring break. With up to $5 trillion in tax cuts on the line, they must figure out how to pay for them and how much health spending to cut. Additionally, there is pressure to have Health and Human Services Department Secretary Robert F. Kennedy Jr. testify on Capitol Hill.
Before the recess, Republicans passed the blueprint for President Trump’s tax cuts. This blueprint outlines spending and savings targets for each committee. To pass the cuts, Republicans are utilizing budget reconciliation to bypass the filibuster and pass the bill without Democratic support.
However, some of the details surrounding these decisions are exclusive to STAT+ subscribers. The article provides in-depth analysis and insights on Capitol Hill and the life sciences industry. Subscribers can unlock this exclusive content by subscribing to STAT+.
As Congress grapples with the challenges of funding tax cuts and cutting health spending, the pressure is on to make strategic decisions that will impact the economy and healthcare system. Stay tuned for more updates on these crucial decisions as they unfold in the coming weeks.
