Name: House Republicans Make Last-Minute Changes to Pass Trump’s ‘Big, Beautiful Bill’
Uploaded: 2025-05-22T20:41:00Z
Duration: 3 min 11 s
Description: The Republican-led House united warring factions of the party and passed President Trump’s ‘one big, beautiful bill.’ WSJ’s Richard Rubin explains the challenges the bill could face among Senate Republicans.

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The Republican-led House united warring factions of the party and passed President Trump’s ‘one big, beautiful bill.’ WSJ’s Richard Rubin explains the challenges the bill could face among Senate Republicans. Photo Illustration: Noah Higgins-Dunn

https://m.wsj.net/video/20250522/e04b0e7c-5562-4201-82b3-f347e661e1c7/3/hls/manifest-hd-wifi.m3u8

The Republican-led House united warring factions of the party and passed President Trump’s ‘one big, beautiful bill.’ WSJ’s Richard Rubin explains the challenges the bill could face among Senate Republicans.

House Republicans Make Last-Minute Changes to Pass Trump’s ‘Big, Beautiful Bill’ 

On this vote, the yeas are 215. The nays are 214 with one answering present. The bill is passed.

I'm here at the US Capitol where the House of Representatives just barely passed the One Big Beautiful Bill that carries much of President Trump's agenda, including an extension of expiring tax cuts.

We're delivering and we're doing it in a big way.

It's been a frantic couple of weeks of legislating here in the House to get this thing into its final shape. It's more than 1,000 pages. So it's got really like four components in some ways. Tax cuts, tax increases, spending cuts, and spending increases. On the tax cuts, it extends all basically of the 2017 tax cuts that are expiring at the end of this year. On top of that, it implements versions of Trump's No Tax on Tips, No Tax on Overtime. There's no tax on the Social Security benefits. Spending cuts, Medicaid and SNAP, the Nutrition Assistance Program, both see reductions in future spending.

The One Big Beautiful Bill I think is gonna be, it's the biggest bill ever passed and we gotta get it done. Tremendous tax cuts for people. Tremendous incentives, tremendous regulation cuts. All these regulations that are so horrible.

There are lawmakers who really want to get more money out of Medicaid, to change some of the Medicaid funding formulas. And there are members on the other side, more moderate members who don't want to do that. The Inflation Reduction Act's clean energy tax credit, there are members who wanted to cut those things off immediately.

In accordance with what the president wants, end waste, fraud, and abuse in Medicaid, which is wasting dollars that should be spent on the truly vulnerable, and then end as much of the green new scam as possible.

There's another group of members from New York, New Jersey, and California who want a higher cap on the state and local tax deduction. The proposal that came out late Wednesday night adjusts the bill to sort of satisfy that. It takes that state and local tax deduction from 10,000 in current law to 40,000 and that was enough for people. The IRA Inflation Reduction Act clean energy tax credits get phased out, some by the end of 2028 as opposed to going through 2031 in some instances. Medicaid's new work requirements get started in December of 2026 instead of in 2029.

We've been working closely with Leader Thune and our Senate colleagues, the Senate Republicans, to get this done and delivered to the president's desk by our Independence Day. That's July 4th.

Medicaid is a problem for some lawmakers in the Senate. You've seen Susan Collins of Maine, Lisa Murkowski of Alaska, Josh Hawley of Missouri, all sort of raise concerns about where the Medicaid spending and changes are going.

I'm not gonna vote for Medicaid cuts, benefit cuts. Work requirements, fine.

Democrats all voted against this bill on the House floor and I don't expect any Democrats to support it in the Senate.

The real betrayal, Mr. Speaker, is to the working people of this country who will pay the price so that billionaires can pay less in taxes.

Republicans control the Senate in a 53 to 47 majority so they can, just like in the House, lose three votes and still pass this. Their goal is to get it to Trump's desk by July 4th. We'll see. We're here heading into this Memorial Day recess. The Senate will not be here next week, and then they'll kind of come back in June and have a pretty focused month of attention on trying to get this over the finish line.

WSJ Reporter Breaks Down the Last-Minute Changes to Trump’s Tax Bill

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