House Republicans near release of latest megabill text

By Kelsey Brugger, Nico Portuondo, Garrett Downs | 05/21/2025 06:17 AM EDT

The Rules Committee has been debating the legislation through the night as leaders hammer out a deal.

House Speaker Mike Johnson speaks with reporters as he walks in the U.S. Capitol.

House Speaker Mike Johnson (R-La.) speaking with reporters at the Capitol on Tuesday. Francis Chung/POLITICO

House Republicans appear ready to release new text of their tax cut, energy and border security megabill on Wednesday morning, but it’s unclear when exactly that will happen.

Among the points of contention are the fate of clean energy tax credits from the Democrats’ 2022 climate law, the Inflation Reduction Act and the sale of public lands. Language on pipelines may also be in play after comments from President Donald Trump.

In lauding the legislative effort early Wednesday, Rules Chair Virginia Foxx (R-N.C.) called it “a serious course correction from the last four years.”

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But ranking member Jim McGovern (D-Mass.) said, “You could have invested in housing, in child care, in clean energy, in community health. Instead you chose to side with those at the top.”

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