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House GOP racing to meet Trump's budget demands, including tax cuts and program cuts

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House Republicans are working overtime after a lengthy White House meeting to meet President Donald Trump's demand for a big budget package that includes some $3 trillion in tax breaks, massive program cuts and a possible extension of the nation's debt limit.
The article from MSN discusses how House Republicans are under pressure to align the federal budget with former President Donald Trump's economic policies as the 2024 election approaches. Key demands include significant tax cuts, particularly for corporations and high-income individuals, and reductions in government spending on programs like Social Security, Medicare, and Medicaid. Trump has been vocal about wanting to extend the 2017 Tax Cuts and Jobs Act, which is set to expire in 2025, and has criticized the current administration's spending. House GOP leaders are attempting to craft a budget that reflects these priorities, aiming to reduce the deficit through spending cuts while also pushing for tax reductions. This approach has sparked debate and resistance from Democrats and some moderate Republicans, who argue that such cuts could harm essential services and increase economic inequality. The urgency to meet these demands is driven by Trump's influence within the party and his potential role in the upcoming election.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/house-gop-racing-to-meet-trump-s-budget-demands-including-tax-cuts-and-program-cuts/ar-AA1yB8OO ]