Obama welcomed the legislation, a rare compromise product of the divided government.
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“I think the system worked” this time, President Barack Obama said during a White House news conference.
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While he described the package as a “good win”, Obama acknowledged there are “some things in there that I don’t like”.
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He said the plan would invest in the military and “the middle class” without Republican proposals to weaken new regulations on banks and emissions of carbon pollution.
The tax bill also takes a shot at the Internal Revenue Service, which Republicans have not forgiven following its admission that it subjected conservative groups seeking tax-exempt status to unfairly tough investigations.
First, because numerous most conservative Republicans would not support the spending bill under nearly any circumstances, Ryan had to depend on Democrats to reach the two hundred and eighteen votes necessary to pass the legislation. The tax elements were a major victory for corporate lobbyists and Republicans.
A yes vote was to send the bill to the Senate, which then cleared it for President Obama’s signature. Ryan’s predecessor, John Boehner, rarely got that kind of backing from Republicans on a spending bill when ran the House.
“We’re getting permanent policy in exchange for temporary renewal of those credits”, House Majority Whip Steve Scalise (R., La.) said in an interview.
Fellow Republican presidential candidates Sen.
The evening before the vote, Cruz wrote an op-ed torching the legislation.
The House Speaker repeatedly stressed that he does not like rolling up all the spending bills and complicated policy provisions into one measure.
While Republicans voted almost in lockstep for the tax measure, it split Democrats, who opposed it by 106-77. He did, however, release a statement in opposition to the bill, calling it an example of a “broken Washington”. Only six Democrats along with Independent Bernie Sanders, who is running for the Democratic presidential nomination, voted against the measure.
Hours after its release, House Democrats began to raise concerns with the deal because they said its lifting of the 40-year-old ban on crude oil exports could send American jobs overseas.
On Thursday, House Minority Leader Nancy Pelosi, D-California, said she would vote in favor of the bill, but said she wasn’t confident she could push it over the finish line with Democratic votes if it needed them.
The president made calls to all four congressional leaders to thank them for their efforts. “That’s because the hard-liners in the GOP will never get all they want in these bills with fewer than 60 votes in the Senate, period”.
“It creates stability for this year and next year”, Reed said of the bill’s passage. It also allows for $1.3 billion more in spending for the Department of Homeland Security, as well as increases in the budgets of Immigration and Customs Enforcement and the Transportation Security Administration. It contains spending boosts for veterans and medical research.
The bill extends more than 50 expiring tax cuts, with more than 20 becoming permanent, including credits for companies’ expenditures for research and equipment purchases and reductions for lower-earning families and households with children and college students. The measure won support from Republicans by a 150-95 margin.
The two bills also include provisions trimming some of the taxes that helped financed the Affordable Care Act, including a 2-year suspension of a tax on medical devices.
The legislation includes an overhaul of the International Monetary Fund backed by Obama and a cybersecurity bill encouraging companies to share cyber threat information with the government.
A health and compensation fund for first responders on 9/11 was also funded and extended.
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Siobhan Hughes and Amy Harder contributed to this article.
