House Republicans working on passing President Trump's 'big, beautiful bill'

House Republicans are working on passing President Trump's 'big, beautiful bill' by finalizing agreements on green energy tax credits, work requirements for Medicaid recipients, and the SALT deduction. The bill must not add to the deficit to avoid a filibuster in the Senate. The goal is to post the bill early next week and potentially have a vote by Thursday.

President Trump's Proposed Tax Bill

President Trump aims to pass a new bill extending his tax cuts, promoting energy development, and cutting spending. The bill would extend the 2017 Tax Cuts and Jobs Act, increase the SALT deduction, and make various changes to tax policies and programs like Medicaid and SNAP.

Discussion on SALT deduction and federal funding for blue states

Sen. Ashley Moody discusses the impact of blue states demanding federal funding while also seeking tax breaks in relation to the SALT deduction in the tax bill.