Tax the rich? Slash spending? Republicans wrestle with economic priorities...

Main Idea: President Donald Trump and House Speaker Mike Johnson are pushing Republicans to unite behind a major economic bill that mixes tax cuts, spending cuts, and new fights over Medicaid, tariffs, and taxes on the rich.

Key Points:

• Republicans are divided over what the party’s economic message should be in Trump’s second term: lower taxes and smaller government, or a more populist approach.
• Johnson is trying to move a large bill forward that would extend tax breaks and cut spending, but key parts on taxes, Medicaid, and green energy are still unresolved.
• Moderate Republicans are pushing back against steep Medicaid cuts and changes to clean energy tax breaks, while conservatives want deeper spending cuts to reduce deficits.
• Trump has floated a higher tax rate on very high incomes, but his position has been mixed, adding to the party’s uncertainty.