Josh Hawley on House Tax Bill, Medicaid Reforms, and Debt Ceiling

House Tax Bill Provisions

• 💡 The House Ways and Means Bill includes an increase to the child tax credit to $2,500 per family.
• 🎯 Hawley supports the inclusion of no taxes on tips and no taxes on overtime, noting the latter is part of his Senate bill.
• 💰 He expresses a desire for even more tax cuts for working people and hopes the Senate will increase the child tax credit to $5,000.
• 📈 Hawley advocates for making the child tax credit fully applicable against payroll taxes, as two-thirds of Americans pay more in payroll taxes than income taxes.

Medicaid Reform Concerns

• ⚠️ Hawley has concerns about proposed Medicaid cost-sharing increases that would make beneficiaries pay more.
• 🏥 He is worried that reforms could negatively impact rural hospitals, particularly in his home state of Missouri, which is already struggling with healthcare coverage.
• ✅ Hawley supports provisions for anti-fraud measures and is glad there are no changes to the contribution formula or per capita caps.

Debt Ceiling Discussion

• 🗓️ The discussion briefly touches upon the debt ceiling increase, with Secretary Besson indicating mid-July as a potential deadline.