The Trump tax cut bill has been pushed forward in the House of Representatives

Golden Finance reports that the US House of Representatives panel has approved Trump's tax cut bill, preparing for a possible vote this week. Last Thursday, the Republican Party encountered obstacles in its efforts to pass President Trump's comprehensive tax bill in Congress,. Five conservative hardliners within the Republican Party voted against it along with all Democratic lawmakers, as hardline conservatives demanded further cuts to the Medicaid program in exchange for their support in a crucial procedural vote. The Republican leadership has stated that the bill is not yet mature and that tax and medical subsidy provisions still need significant revisions to win conservative support. (Golden Ten)