00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump's Republican Party faces internal divisions as the House prepares to vote Wednesday
00:06on a sweeping tax and spending bill ahead of a self-imposed July 4 deadline, according to Reuters.
00:12Senate narrowly passed Trump's tax and spending bill Tuesday after a heated debate over a $3.3
00:16trillion debt impact and deep Medicaid cuts. Closely divided House faces similar internal
00:22GOP splits, though members have consistently supported Trump's major priorities despite
00:26past clashes with leadership. Republican hardliners oppose the bill over insufficient spending
00:31cuts and a $5 trillion debt ceiling hike, wanting to have a looming risk of default on the $36.2
00:37trillion national debt. For all things money, visit Benzinga.com.
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