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President Donald Trump’s proposal described the tax and spending, describing the “beautiful draft law”, ” I entered a decisive session On the Senate on Monday, I promised huge changes to taxes, Federal spendingAnd organizational landscapes in the future. But even when Trump was the legislation as a specific victory, deep fractures within the Republican Party and The growing opposition Business leaders like Elon Musk stand on his way forward.
The draft law will permanently expand the tax cuts in Trump for 2017 and offer new tax exemptions – including zero taxes on advice and additional work wages – while injecting billions of dollars in border security and military spending. But the same legislation suggests sharp discounts for social programs such as medical stamps and food. The pure balloon influence of national debts before It estimates 3.3 trillion dollars During the next decade, according to estimates of the Congress Budget Office.
These flagrant bodies are violent and some opposition from within the ranks of the Republican Party.
“The main problem faced by Republicans is that they support a level of tax revenues that are hardly sufficient to pay the costs of government spending that most Republicans support as well.” luck. “So you have people’s camps, some of whom really want to reduce spending on compatibility with the level of revenue they support, as well as other Republicans who understand that the American people do not want to give up the major benefits and services they receive. This camp does not want to reduce spending, and they want to hope that the problem of deficit is fading.”
Thom Tillis (RN.C.) and Rand Paul (RK.Y.) are among the prominent Republicans who express sharp criticism of the draft law. Teleres, who recently announced that he would not seek to re -election, argued that the deep discounts in the MEDICAID returns to Trump to protect health coverage and will destroy voters. If the bill passes, estimated 11.8 million people will become non -believers by 2034, according to the Central Bank of Oman. Teleles condemned the draft law during the controversial Sunday vote in the Senate Saying “It is inevitable that this draft law will release the promise that Donald Trump has made.”
Moderate lawmakers of the Republican Party, such as Senator Susan Collins (RM.E.) and MP David Valdou (RC. PoliticoThere were not many Republican legislators on Medicaid rulings on the bill.
Meanwhile, financial hawks like Paul feel anxious at the same amount of price – specifically how this will affect the roof of the debt. The Senate Budget Plan includes a ruling that would raise the roof of the debt by $ 5 trillion. “This is a recognition that they know that they do not control the deficit,” Paul, Paul He said Senate on Sunday. “They know that the following years will add other trillion.”
As for tax provisions, the bill Try to raise the roof of tax deduction (SALT) for the state and the state From 10,000 dollars to $ 40,000, then returned to $ 10,000, also frustrated the frustration between legislators from high -tax countries and is a potential point of disagreement.
Behind Capitol Hill, the Trump Bill draws a reprimand from the angles affecting the worlds of business and cultural worlds.
Elon Musk was particularly audio, and called on the bill.Political suicideFor the Republican Party. Several surveys It appears to enhance this claim, which indicates the slogan of the bill with the Americans. Wipe Washington Post I found that 42 % of Americans opposed the bill and only 23 % supported it.
Musk also claimed that the legislation was “completely crazy and destroyed. the Timing and Spacex The CEO has warned of organizational changes in the draft law and spending discounts that can kill jobs in industries that focus on the future and innovation.
The richest man in the world wrote: “The latest draft law of the Senate will destroy millions of jobs in America and cause tremendous strategic harm to our country! On x. “It gives bulletins to the past industries while the extreme destructive industries are in the future.”
MUSK’s criticism focused on the provisions contained in the draft law that would eliminate tax credits in the Biden Renewable Energy era, such as the manufacture of solar energy, wind and batteries. Clean energy credit adjustments are also a point of attention for the age of Lisa Morkovsky (R-AK).
Tesla CEO of Energy Provisions on the draft law touches the main weaknesses of the bill, according to Elmendorf. Aside from being harmful to companies invested in clean energy business, he said that the provisions will also raise the prices of electricity to many Americans.
“It is a strange thing for the administration that has won the elections significantly because people believe that the prices are very high after that, then progress and provide a policy that raises the basic necessity of electricity.”
Meanwhile, the leaders in the artificial researcher sector, including the CEO of anthropologist Dario Amani, condemned rulings on the draft law that would advance the regulations of artificial intelligence at the state level for a decade. “Without a clear plan for a federal response, the preventive endowment gives us the worst thing in the worlds – states cannot act, nor a national policy as a successor,” books In the opening to New York Times.
Her artificial intelligence also has also Discontent One of the Republicans who discuss this ruling goes beyond the historical support of the Republican Party of the Rights of Countries.
Despite the internal and external dispute, the majority leader of the Senate John Thun is pushing the end of the bill before the July 4 holiday. In the event that the Senate passes, the legislation will return to the House of Representatives – where it passed shortly last month – for the final reconciliation.
“The president is well aware that this draft law does not only need to leave the Senate, but must return to the home, and we need the full weight of the Republican Conference to reach this law – and we expect them to do so, and we are confident that it will work.” He said In the White House on Monday.
For Trump, the risks are high. With his eye from consolidating the legacy of his policy and activating his base before the renewal elections, he is likely to bet on the “major and beautiful draft law” as evidence that he is able to provide comprehensive reforms.