TechFlow, May 19 — According to Jinshi Data, a U.S. House subcommittee approved Trump's tax reduction bill, paving the way for a possible vote this week. Last Thursday, Republican efforts to push President Trump's comprehensive tax legislation through Congress hit a snag. Five conservative hardliners from the Republican Party joined all Democratic members in voting against the bill, as the staunch conservatives demanded deeper cuts to Medicaid in exchange for their support on a key procedural vote. Republican leaders stated the bill is not yet mature and that both tax and Medicaid provisions require substantial revisions to win over conservative support.
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