• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
Politics

BREAKING: President Trump’s “Big, Beautiful” Bill FAILS in Committee After Five House Republicans Vote NO – Largest Tax Increase in American History Looms

by May 16, 2025
May 16, 2025

Credit: Gage Skidmore/Flickr

The Trump agenda suffered a major setback today after a handful of Republicans voted a key bill delivering it down in committee.

Now, the largest tax increase in American history looms unless the GOP does an about-face.

As The Gateway Pundit reported, the House Republicans on the Ways and Means Committee—led by Chairman Jason Smith (R-MO)—previously released the text of a monumental new tax reform package titled “The One, Big, Beautiful Bill.”

The bill, strongly backed by President Donald Trump, is aimed at delivering historic cuts to American families, workers, and small businesses.

The 389-page bill includes a long list of pro-growth, America-First provisions that echo many of the successful features of the 2017 Trump Tax Cuts—this time with added firepower. This includes no taxes on tips and overtime.

But five GOPers in the House Budget Committee shot it down primarily over cost concerns.

One particular gripe was the Medicaid “cuts” and the expiration of several wasteful ‘green’ energy tax credits were pushed back several years, while most of the “goodies” were delivered up front.

Trump’s “The One, Big, Beautiful Bill” cannot move forward to a full vote in the House or Senate—at least not in its current form.

The final vote was 16-21 against. Here were the Republicans who voted against the President’s agenda:

  • Rep. Andrew Clyde of Georgia
  • Rep. Chip Roy of Texas
  • Rep. Josh Brecheen of Oklahoma
  • Rep. Ralph Norman of South Carolina
  • Rep. Lloyd Smucker of Pennsylvania

THE HOUSE BUDGET COMMITTEE has voted down the reconciliation bill.

Vote was 16-21.

Clyde, Roy, Brecheen, Norman and Smucker all voted no. Smucker changed his vote

— Jake Sherman (@JakeSherman) May 16, 2025

The committee is not expected to come back today, according to Rep. Jodey Arrington (R-TX)

JODEY ARRINGTON says at close of the hearing: “I do not anticipate us coming back today.”

— Jake Sherman (@JakeSherman) May 16, 2025

Earlier today, Trump called on GOP holdouts to unite behind him and approve the legislation.

TRUMP: “Republicans MUST UNITE behind, “THE ONE, BIG BEAUTIFUL BILL!” Not only does it cut Taxes for ALL Americans, but it will kick millions of Illegal Aliens off of Medicaid to PROTECT it for those who are the ones in real need. The Country will suffer greatly without this Legislation, with their Taxes going up 65%. It will be blamed on the Democrats, but that doesn’t help our Voters. We don’t need “GRANDSTANDERS” in the Republican Party. STOP TALKING, AND GET IT DONE! It is time to fix the MESS that Biden and the Democrats gave us. Thank you for your attention to this matter!

The post BREAKING: President Trump’s “Big, Beautiful” Bill FAILS in Committee After Five House Republicans Vote NO – Largest Tax Increase in American History Looms appeared first on The Gateway Pundit.

previous post
Slovakia’s Robert Fico Returns to the Site of His Assassination Attempt, Torches Liberal-Globalist Opposition for ‘Poisoning the Political Atmosphere’
next post
NATCA Sabotages Secretary Duffy’s Plan to Fix Air Traffic Control Crisis — Woke Union Votes to Punish Veteran Controllers Who Agree to Stay on the Job

You may also like

Victor Reacts: Harry Sisson Comes to the Defense...

May 16, 2025

10 Inmates, Including Murderers, Escape From New Orleans...

May 16, 2025

Italian PM Giorgia Meloni Endorses Right-Wing Favorite George...

May 16, 2025

Kid Rock Scorches “Garbage” Bruce Springsteen Over Recent...

May 16, 2025

President Trump GOES OFF After Supreme Court Blocks...

May 16, 2025

BREAKING: James Comey to be Escorted by Secret...

May 16, 2025

Trump and Elon’s Secret Plot to Save Your...

May 16, 2025

Joe Rogan Guest Reveals Facebook’s Secret Experiment That...

May 16, 2025

BREAKING: Supreme Court Blocks Trump From Deporting Venezuelan...

May 16, 2025

BREAKING: O’Keefe Media Group Releases Newly-Obtained Footage of...

May 16, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Victor Reacts: Harry Sisson Comes to the Defense of James Comey (VIDEO)

      May 16, 2025
    • 10 Inmates, Including Murderers, Escape From New Orleans Jail… May Have Had ‘Inside Help’

      May 16, 2025
    • Italian PM Giorgia Meloni Endorses Right-Wing Favorite George Simion for Romanian President

      May 16, 2025
    • Kid Rock Scorches “Garbage” Bruce Springsteen Over Recent TDS Meltdown

      May 16, 2025
    • President Trump GOES OFF After Supreme Court Blocks Him From Deporting Venezuelan Gang Members Under Alien Enemies Act

      May 16, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick