Tag Archives: Rep. Chip Roy

MSNBC: How Trump’s ‘bribe now, pain later’ budget scheme hit a surprise roadblock [Opinion]

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The conservative revolt over Trump’s ‘big, beautiful bill’ threatens a major component of his bid to keep Congress in the GOP’s hands next year.

Rep. Chip Roy of Texas had major problems with the bill his fellow Republicans presented to the House Budget Committee on Friday. On paper, the legislative package for President Donald Trump’s agenda slashes more than a trillion dollars in federal spending over the next decade. But Roy and other hard-line conservatives on the panel were frustrated at the bill’s timeline for those cuts. Their “no” votes tanked the bill and sent House leadership scrambling for last-minute weekend negotiations to salvage what Trump calls his “big, beautiful bill.”

Roy is right about the imbalance and trickery on display, as the current bill back-loads the savings while raising the federal deficit in the short term. The problem for him is that Speaker Mike Johnson, R-La., and the rest of the House leadership team aren’t the source of his concerns. Instead, the catalyst for his ire lies Roy is right about the imbalance and trickery on display, as the current bill back-loads the savings while raising the federal deficit in the short term. The problem for him is that Speaker Mike Johnson, R-La., and the rest of the House leadership team aren’t the source of his concerns. Instead, the catalyst for his ire lies down Pennsylvania Avenue at the White House.

Meanwhile, “down Pennsylvania Avenue at the White House”:

That hesitance from the White House can be chalked up in part to next year’s midterm elections. Politico’s Rachel Bade recently reported that Trump is already “hyper-engaged in the fight to keep the GOP’s majorities in Congress” …

It’s those pesky mid-terms that are spooking them!

Opinion | How Trump’s ‘bribe now, pain later’ budget scheme hit a surprise roadblock
The conservative revolt over Trump’s ‘big, beautiful bill’ threatens a major component of his bid to keep Congress in the GOP’s hands next year.

https://www.msnbc.com/opinion/msnbc-opinion/trump-congress-budget-tax-cuts-chip-roy-rcna207299

Explicame: Trump proposes $50 tax on every $1,000 sent in remittances

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Also billed as the Republican’s “One, Big, Beautiful Bill” and bullshit like this subtitle:

… the bill actually continues tax cuts for the wealthy on the backs of the working poor, those living hand to mouth, paycheck to paycheck. Buried starting at page 327 of 389 is a new 5% tax on remittances sent to family & friends overseas. This 5% tax is on top of the income taxes and the 15.3% (yes, the actual amount is twice the deduction that appears on your check stubs!) social security and medicare taxes that the sender has already paid, plus 2-4% in currency exchange fees.

Amidst the buzz surrounding the ambitious fiscal plan revealed by Republicans this week, a particular proposal has flown under the radar yet holds the potential to severely impact millions of workers and their families both within and outside the United States: a new tax on remittances sent abroad, costing up to $50 each month.

This initiative is part of the ‘ways and means bills,’ as termed by lawmakers aligned with President Donald Trump. The legislative package seeks to extend and expand tax exemptions implemented during his first term while introducing a series of public spending cuts. However, among the numerous provisions, the remittance tax stands out for its immediate and silent social impact.

The proposal specifically calls for a 5% tax on remittances sent from the United States. This levy would fall on the sender, meaning the worker in the U.S. who sends money to their home country to support loved ones, with an amount of $50 for every $1,000 sent.

With this tax, a monthly transfer of $300 could cost the worker an additional $15 in taxes, a figure that may seem small in macroeconomic terms but represents a significant expense for households living paycheck to paycheck.

Trump proposes $50 tax on every $1,000 sent in remittances
In a sweeping fiscal plan unveiled by Republicans, a proposed tax on remittances could significantly impact millions of workers and their families.

https://www.explica.me/en/News/Trump-proposes-50-tax-on-every-1000-sent-in-remittances-20250516-0016.html

GOP’s “big beautiful bill” would tax payments that many immigrants send back home
The bill would impose a 5% tax on remittance payments, with exceptions for most transfers made by U.S. citizens.

https://www.marketplace.org/story/2025/05/14/gops-big-beautiful-bill-would-tax-payments-that-many-immigrants-send-back-home

Apparently there are a few Republicans who think the bill is not so big and beautiful.

https://thehill.com/homenews/administration/5304927-trump-agenda-shaky-congress

Newsweek: Medicaid Update: Trump Pushes Republicans to Mandate Change

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President Donald Trump is pushing to have the pharmaceutical industry help fund his tax cuts by requiring drugmakers to lower Medicaid drug prices, according to reporting by Bloomberg News.

Newsweek reached out to the White House by email on Friday afternoon for comment.

Trump targeted drug prices as part of his effort to bring down costs for Americans: He first signed an order that rescinded former President Joe Biden’s executive order that lowered the cost of prescription drugs, but last month signed a fresh order telling the Department of Health and Human Services (HHS) to take new steps to lower drug costs through competition and market forces rather than through presidential mandate.

So the bottom line is that thanks to King Donald’s meddling, we now have a net INCREASE in prescription costs to Medicaid patients.

Medicaid Update: Trump Pushes Republicans to Mandate Change
The proposal comes amid negotiations over how to cut hundreds of billions of dollars in spending to fund the GOP tax package.

https://www.msn.com/en-us/news/politics/medicaid-update-trump-pushes-republicans-to-mandate-change/ar-AA1E42uD