Parliament Speaker Mike Johnson said on Sunday that the Republicans are still “on the right track” to pass the “Great Buddhist Law” by “Weekend”, after opposition from some of the Republican and moderate Republican Party remained on Friday.
“This is a big thing. We cannot fail, and we will accomplish it to the American people,” Johnson told “Fox News Sunday”.
The speaker’s comments come at a time when the House of Representatives Budget Committee plans to re -enjoy at 10 pm on Sunday to vote to vote to pay the bill that includes the agenda of President Donald Trump – a necessary step towards placing the package in the House of Representatives Hall to vote later this week before the date of the memorial day.
If the budget committee has surveyed the package, Johnson said that the rules committee will hold its meeting in the middle of the week, which leads to a vote on the ground by the end of the week.
Speaker Mike Johnson speaks to the correspondents leaving the home room in the American Capitol, May 15, 2025 in Washington.
Kevin Lietsch/Getty Images
The main components of the draft law are looking to provide major tax exemptions by reducing spending elsewhere, including hundreds of billions of discounts in Medicaid.
A group of the militant committee voted the Budget Committee on Friday to prevent the package from moving forward-partly due to concerns with the date of starting with Medicaid-Republican and Republican leaders challenges. Since the legislation is currently written, the Medicaid requirements are valid in 2029. However, conservatives are paid for the requirements for early, just by 2027.
“Some states have – which takes some time. We have learned in this process to change their systems and make sure that these strict requirements that we will put on eliminating fraud, waste and abuse, can be implemented already. Therefore, we are working with them [hardliners] To make sure that the closest possible date is to put something that will be really useful. I think we have to settle this. “I think we’ll be working on it,” Johnson claimed.
What about the Senate?
Johnson said that both councils are working in “close coordination” and hoped that the Senate will not change the draft law of the House of Representatives.
“The package that we send will be one who has been negotiated with great care and balanced carefully, and we hope they will be [Senate] Do not make many adjustments to it, as this will guarantee its passage quickly. “
Johnson added that Congress should pass the package by July 4, especially given the “deadline” in mid -July to address the debt limit to avoid the failure to pay.
He added: “We must accomplish this and reach the president’s office through this great celebration on the day of independence. I am convinced that we are able to do so.”
A reaction to reducing the mood rating on debt
On Friday, MOODY classifications reduced the United States government from AAA classification to AA1, noting its failure to stop the tide.
MOODY’s is the last of the three main classification agencies to reduce federal government balance. standard The classifications of the poor were reduced in 2011 and followed Fitch Ratings in 2023.
Johnson said: “Moody’s is incorrect, but for this reason this confirms the need for the legislation we are talking about, and reducing historical spending. I mean, this will help change the course of the American economy and send the message of stability to our allies and even our enemies around the world,” Johnson said. “A large and beautiful bill for President Trump will be passed, and that will be the key to converting this thing. We have to accomplish this, and this indicates only the urgency that we do exactly what we do with the legislation.”
