GOP Teases First 100 Days

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GOP Teases First 100 Days

Republicans are preparing a bold 100-day legislative agenda under President-elect Donald Trump. Newsmax reported that they are prioritizing the renewal of $4 trillion in expiring tax cuts. Other key proposals include maintaining individual tax brackets, lowering the corporate tax rate from 21% to 15%, and eliminating taxes on tips and overtime pay. Critics argue these policies exacerbate income inequality and balloon deficits, projected at $2 trillion annually. GOP leaders, however, say tax cuts will spur economic growth and offset costs.

Alongside tax reforms, Republicans aim to slash spending on programs like food stamps and health insurance subsidies while rolling back green energy tax breaks. Using reconciliation to bypass Senate filibusters, Republicans face skepticism from Democrats, who see no mandate for sweeping changes.

Newsmax reported:

The House Democratic leader, Rep. Hakeem Jeffries of New York, scoffed at the Republican claim that they've won “some big, massive mandate” — when in fact, the House Democrats and Republicans essentially fought to a draw in the November election, with the GOP eking out a narrow majority.

“This notion about some mandate to make massive, far-right extreme policy changes, it doesn't exist — it doesn't exist,” Jeffries said.

Republicans are planning to use a budgetary process, called reconciliation, that allows majority passage in Congress, essentially along party lines, without the threat of a filibuster in the Senate that can stall out a bill’s advance unless 60 of the 100 senators agree.

It’s the same process Democrats have used when they had the power in Washington to approve the Inflation Reduction Act and Obama's health care law over GOP objections.

Despite previous struggles to enact major reforms, Speaker Mike Johnson promises a fast-paced start to address GOP priorities, reflecting lessons learned (hopefully) from Trump’s first term.