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vantagefeed.com > Blog > Politics > Republicans may not be able to pass tax cuts for the wealthy this year, a disaster for President Trump
Republicans may not be able to pass tax cuts for the wealthy this year, a disaster for President Trump
Politics

Republicans may not be able to pass tax cuts for the wealthy this year, a disaster for President Trump

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Last updated: January 14, 2025 2:47 pm
Vantage Feed Published January 14, 2025
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Republicans are having big trouble getting their act together to pass tax cuts for the wealthy. So far, Republicans in the House and Senate have not come to any agreement, and all talk of a fast start to the Trump administration is under fire.

Semaphore reported:

Republicans in the House and Senate are still negotiating the size and scope of the plan, with a long list of details to finalize and no decisions made yet. And the more the two chambers are at odds over how quickly to act, the less time they have to make tougher policy choices.

House Speaker Mike Johnson has suggested the party’s entire tax plan could be passed by April. But many other Republicans predict the final bill will take months to reach President Trump’s desk, possibly missing the year-end deadline to prevent the first round of tax cuts from expiring. There is sex.

Many Republicans are also comfortable taking their time on taxes, arguing that there is a unique opportunity to change the direction of U.S. economic policy and there is no point in rushing it.

Republicans will likely deliver tax cuts by the end of the year, but it’s probably safe to say they disagree on everything. Republicans can’t agree on even the most basic point: whether to pay for the tax cuts.

It was only last month that Mike Johnson reached an agreement with Trump to cut trillions of dollars in mandatory spending in areas such as veterans benefits and health care.

These tax cuts are so unpopular with Americans that some Republicans in the House and Senate say they don’t need to pay for tax cuts for the wealthy. Trump and the Republicans can push the country another $4.2 trillion into debt and all will be well.

President Trump’s big advice is to instead of showing leadership, tell Republicans to figure it out within the party on the way to the golf course.

Republicans are so dysfunctional they can’t even pass it. Tax cuts for wealthy people and corporations By unanimous consent.

Trump’s presidency could be shaping up to be a disaster, as the weakened president-elect is exposed to the currents of Republican dysfunction.

What do you think about Republicans struggling to pass tax cuts? Share your thoughts in the comments below.

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TAGGED:cutsDisasterPassPresidentRepublicanstaxTrumpwealthyyear
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