Summary
House Republicans are considering a package of tax and spending cuts to fund Trump’s promised tax cuts.
The proposals target benefits for low-income Americans by cutting Medicaid funding and eliminating tax breaks for single parents.
Additional measures include reducing corporate tax rates, eliminating the federal estate tax, and scrapping the mortgage interest deduction.
Critics argue these changes would burden working families and worsen inequality, while proponents claim they will generate revenue.
4? That’s generous.