() After overnight meetings and last-minute changes, the House of Representatives voted 215-214 and passed President Donald Trump’s tax cuts bill, also known as the “big, beautiful bill.”
The bill being passed through the House is being seen as a victory for both Trump and House Speaker Mike Johnson, R-La., who had set a previous Memorial Day deadline to get it passed. It is now headed to the Senate for a vote.
Former GOP Indiana Gov. Mitch Daniels told Connell McShane on ” Now” on Thursday that while there are things to applaud in the bill, there are still some questions left with it.
Some of the last-minute changes included increasing the cap on state and local tax deductions for some households and implementing new requirements for some Medicaid beneficiaries. Daniels believes the bill did not do enough.
“On the downside of this, they’ve blown a tremendous opportunity,” Daniels said. “I regret very much that they didn’t go a lot further in reforming Medicaid. I think they tapped on foolish and unjustifiable tax breaks with SALT, taxes on tips. I think those things were very ill-advised.”
Daniels said Trump must bear responsibility for putting many things off the table for the bill. He believes the things in the bill will add to the deficit.
“I think we’re kidding ourselves that we think it’ll completely pay for itself,” Daniels said. “It didn’t the last time, it won’t this time.
