The China Mail - Republican discord threatens Trump agenda

USD -
AED 3.672995
AFN 68.486369
ALL 83.698506
AMD 384.658431
ANG 1.789699
AOA 917.000085
ARS 1321.250221
AUD 1.538544
AWG 1.8
AZN 1.69974
BAM 1.683785
BBD 2.024622
BDT 121.828591
BGN 1.682775
BHD 0.376983
BIF 2990.095004
BMD 1
BND 1.288381
BOB 6.95364
BRL 5.442199
BSD 1.002712
BTN 87.882571
BWP 13.491455
BYN 3.302053
BYR 19600
BZD 2.014205
CAD 1.37768
CDF 2890.000196
CHF 0.811085
CLF 0.024691
CLP 968.610107
CNY 7.188202
CNH 7.196455
COP 4025
CRC 507.083238
CUC 1
CUP 26.5
CVE 94.929189
CZK 21.065971
DJF 178.563127
DKK 6.42582
DOP 61.246013
DZD 130.034014
EGP 48.482023
ERN 15
ETB 139.796736
EUR 0.86104
FJD 2.25795
FKP 0.745486
GBP 0.74419
GEL 2.704736
GGP 0.745486
GHS 10.578968
GIP 0.745486
GMD 72.499831
GNF 8695.315291
GTQ 7.693169
GYD 209.736989
HKD 7.84995
HNL 26.301176
HRK 6.479027
HTG 131.309001
HUF 340.673051
IDR 16290.5
ILS 3.41632
IMP 0.745486
INR 87.653304
IQD 1313.5896
IRR 42124.999863
ISK 123.109883
JEP 0.745486
JMD 160.544792
JOD 0.708978
JPY 148.354499
KES 129.499376
KGS 87.428296
KHR 4015.376205
KMF 424.124965
KPW 900.034015
KRW 1389.710107
KWD 0.30574
KYD 0.835608
KZT 544.78929
LAK 21689.983212
LBP 89572.954043
LKR 301.571176
LRD 201.041712
LSL 17.775214
LTL 2.95274
LVL 0.60489
LYD 5.436701
MAD 9.062804
MDL 16.815462
MGA 4424.260686
MKD 52.980931
MMK 2098.920925
MNT 3594.03125
MOP 8.107787
MRU 39.978649
MUR 45.629825
MVR 15.398647
MWK 1738.711205
MXN 18.682125
MYR 4.233
MZN 63.959726
NAD 17.775214
NGN 1535.670205
NIO 36.899448
NOK 10.22742
NPR 140.612718
NZD 1.68617
OMR 0.384507
PAB 1.002712
PEN 3.532607
PGK 4.229711
PHP 57.167505
PKR 284.647927
PLN 3.666064
PYG 7510.653868
QAR 3.656407
RON 4.359796
RSD 100.838014
RUB 79.497648
RWF 1450.912362
SAR 3.752888
SBD 8.230592
SCR 14.740285
SDG 600.498032
SEK 9.63921
SGD 1.286285
SHP 0.785843
SLE 23.150027
SLL 20969.503947
SOS 573.029887
SRD 37.409622
STD 20697.981008
STN 21.092596
SVC 8.773621
SYP 13002.086727
SZL 17.77883
THB 32.433504
TJS 9.340364
TMT 3.51
TND 2.93909
TOP 2.3421
TRY 40.716005
TTD 6.805562
TWD 29.971054
TZS 2514.999493
UAH 41.579441
UGX 3572.812191
UYU 40.161853
UZS 12707.158538
VES 130.96022
VND 26252.5
VUV 119.26542
WST 2.657465
XAF 564.728013
XAG 0.026371
XAU 0.000299
XCD 2.70255
XCG 1.807154
XDR 0.702337
XOF 564.725582
XPF 102.673152
YER 240.275022
ZAR 17.74899
ZMK 9001.20015
ZMW 23.313676
ZWL 321.999592
  • RBGPF

    0.0000

    73.08

    0%

  • SCU

    0.0000

    12.72

    0%

  • CMSC

    0.0100

    23.06

    +0.04%

  • RYCEF

    -0.1200

    14.3

    -0.84%

  • CMSD

    -0.0090

    23.571

    -0.04%

  • NGG

    0.2200

    71.23

    +0.31%

  • RIO

    0.2800

    62.14

    +0.45%

  • SCS

    0.0800

    15.96

    +0.5%

  • GSK

    -0.0900

    37.71

    -0.24%

  • AZN

    0.5350

    74.07

    +0.72%

  • BTI

    1.0900

    58.33

    +1.87%

  • RELX

    0.0400

    48.04

    +0.08%

  • VOD

    0.1500

    11.51

    +1.3%

  • BCE

    0.0000

    24.35

    0%

  • JRI

    -0.0450

    13.39

    -0.34%

  • BP

    -0.1900

    33.95

    -0.56%

  • BCC

    -1.3500

    80.74

    -1.67%

Republican discord threatens Trump agenda
Republican discord threatens Trump agenda / Photo: © AFP

Republican discord threatens Trump agenda

US President Donald Trump's signature domestic policy bill faced major roadblocks Friday, as his Republicans struggled to overcome differences and many of the spending cuts proposed to pay for his tax breaks were deemed against Senate rules.

Text size:

Trump is hoping to seal his legacy with the so-called "One, Big Beautiful Bill" -- extending his expiring first-term tax cuts at a cost of $4.5 trillion and beefing up border security.

But Republicans eying 2026 midterm congressional elections are divided over the package, which would strip health care from millions of the poorest Americans and add more than $3 trillion to America's burgeoning debt pile.

Trump ratcheted up pressure on Congress to get the package to his desk by July 4, posting on social media Friday: "We can get it done. It will be a wonderful Celebration for our Country."

Senate Republican leaders had planned to begin a weekend of votes beginning Friday to pass the sprawling legislation but that timetable was in limbo, with negotiations mired in rows.

Republicans are using an arcane process called "reconciliation" which allows them to pass the package on a simple majority, without Democratic buy-in.

But there are strict rules governing the provisions allowed in such legislation, adjudicated by the chamber's independent "referee," Senate Parliamentarian Elizabeth MacDonough.

The savings come largely from decimating funding for Medicaid, the health insurance program for low-income Americans, but MacDonough called some of those cuts out-of-bounds.

That leaves around $250 billion in savings on the cutting room floor, and Republicans scrambling to offset the $4.5 trillion cost of Trump's tax relief elsewhere.

Republicans are split in any case on the Medicaid cuts, which will threaten scores of rural hospitals and lead to an estimated 8.6 million Americans being deprived of health care.

Independent analysis also shows that the bill would pave the way for a historic redistribution of wealth from the poorest 10 percent of Americans to the richest.

It is unpopular across multiple demographic, age and income groups, according to extensive recent polling.

Although the House has already passed its own version, both chambers have to agree on the same text before it can be signed into law.

Republican leaders worked Friday to hammer out a version that can get a quick rubber-stamp in the House without returning to the negotiating table.

But more than a dozen House Republicans -- enough to tank the package -- have said they will not vote for the Medicaid cuts.

Meanwhile, there are conservatives in both chambers who are adamant that the cuts do not go far enough.

"Every Republican senator is committed," Trump said at a White House press conference Friday.

But he acknowledged the bill's precarious status, telling reporters that "a couple of grandstanders" could derail his plans.

"And it's very dangerous, because our country would go from being the most successful country in the world to, who knows what," he said.

E.Lau--ThChM