Rep. Chip Roy on Senate's 'Ugly' Bill vs. House's 'Big and Cute' Version
Fox BusinessJuly 5, 20256 min21,676 views
24 connections·29 entities in this video→Discrepancies in the Senate Bill
- 🎯 The House passed a bill aiming for a complete shutdown of future green subsidies by requiring them to be in construction within 60 days and in service by the end of 2028.
- 💡 The Senate is reportedly undoing these measures, leaving subsidies open-ended and potentially benefiting corporations at the taxpayer's expense.
- 💰 The House bill was designed to be roughly deficit-neutral, while the Senate's version is projected to increase the deficit by approximately one trillion dollars.
- 🏥 The House proposed a 28% tax on university endowments, which the Senate reduced to 8%, and also proposed ending taxpayer-funded transgender surgeries under Obamacare, a provision the Senate appears to be retaining.
Calls for Fiscal Responsibility
- 📉 Congressman Roy criticizes the Senate for
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Green New Deal subsidiesBudget deficitTax cutsSpending cutsBorder securityInflation Reduction ActObamacareUniversity endowmentsFiscal responsibilityCongressional budget
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