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WSJ Opinion: Potomac Watch

The GOP Passes Its First Big Tax and Budget Test

WSJ Opinion: Potomac Watch

The Wall Street Journal

Society & Culture, News

42.7K Ratings

🗓️ 27 February 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

The House GOP narrowly passes the budget outline for Donald Trump’s “one big, beautiful bill.” Democrats think they can ultimately defeat the bill by targeting Medicaid reform, and Republicans will have to join that debate or lose.    Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:32.6

From the opinion pages of the Wall Street Journal, this is Potomac Watch. Can Republicans in Congress hang

0:40.8

together to pass a budget and extend the 2017 tax cuts? That's the big question of the 119th Congress.

0:49.2

And so far, the answer is yes, they're making progress. But the road ahead gets rougher, especially as Democrats,

0:56.1

pull out their old, reliable, and target the Republican plans to reform entitlements specifically this year, Medicaid.

1:03.8

So the battle over priorities in Congress is our subject for today on Potomac Watch.

1:10.2

Welcome, I'm Paul as you go of the Wall Street Journal

1:12.8

Opinion Pages, and I'm here with my colleagues Kate Batchelder, O'Dell and Alicia Finley, who

1:18.2

cover these issues for us. So let's start with this week's vote in the House of Representatives

1:24.0

on something called a budget resolution, just to get a little technical for you.

1:28.2

This is the bill that's not a budget itself.

1:31.2

It's a bill that has an outline of a budget, and it allows the Congress to trigger a process

1:38.6

by which the Republican Party, the majority, can pass a budget with a lot of details, taxes, and spending

1:46.5

with 51 Senate votes instead of going through a Senate filibuster of 60 votes, which would be

1:52.7

blocked by the Democrat. So this is very important to the whole Republican agenda, the whole Trump

1:58.3

agenda. And there's real questions about whether they could even

2:01.4

pass this in the House with its narrow majority. Now, they did this week, 217 to 215, with only a single Republican, Thomas Massey, of Kentucky, in dissent. Of course, he votes no on everything. So that's not a surprise. But Kate, what's the lesson here of this vote?

2:19.2

Well, look, I think we're seeing that Republicans are starting perhaps to understand that they do

...

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