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H.R. 1 (119th Congress) is a reconciliation bill incorporating legislation submitted by multiple House committees pursuant to the FY2025 congressional budget resolution, and it reduces taxes, adjusts spending across various federal programs, increases the statutory debt limit, and addresses agencies and programs throughout the federal government.

reported by 4 outlets · Reported fact · first recorded Jul 7, 1:30 PM

How each outlet reported it

Congressional Research ServiceOfficial record · Jul 7, 12:15 AM

H.R. 1 is known as a reconciliation bill and includes legislation submitted by 11 House committees pursuant to provisions in the FY2025 congressional budget resolution.

Details: 11 House committees; FY2025 congressional budget resolution; H Con. Res. 14

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Congressional Research ServiceOfficial record · Jul 7, 12:15 AM

H.R. 1 is known as a reconciliation bill and includes legislation submitted by several congressional committees pursuant to provisions in the FY2025 congressional budget resolution.

Details: reconciliation bill; FY2025 congressional budget resolution; H Con. Res. 14

Read the original article ↗

Congressional Research ServiceOfficial record · Jul 7, 12:15 AM

The act reduces taxes, reduces or increases spending for various federal programs, increases the statutory debt limit, and addresses agencies and programs throughout the federal government.

Details: reduces taxes; reduces or increases spending; increases statutory debt limit

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rawstory.comUnrated · Jul 8, 12:45 AM

The OBBBA included a $1.4 trillion cut to Medicaid

Details: $1.4 trillion; Medicaid

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finance.yahoo.comUnrated · Jul 8, 12:45 AM

The OBBBA restructured safety-net programs like Medicaid and SNAP.

Details: Medicaid; SNAP

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fool.comUnrated · Jul 8, 12:45 AM

The OBBBA restructured safety-net programs like Medicaid and SNAP

Details: Medicaid; SNAP

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