Donald Trump, Tax Cut and One Big Beautiful Bill
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GOP, Trump and bill
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The GOP tax bill could boost the highest-earning Americans' incomes while hurting low earners, according to findings from nonpartisan research groups.
House GOP leaders worked through the weekend to win over a quartet of fiscal conservatives who voted last week to block Trump’s Big Beautiful Bill.
The White House Council of Economic Advisers has released new taxpayer savings projections for President Donald Trump's "big, beautiful bill."
Trump's big beautiful bill gets crucial vote to move on. What to know about reconciliation bill details: no tax on tips, overtime or Social Security.
Deficit hawks who had blocked the measure two days earlier are still dissatisfied and want steeper spending cuts.
Millions of Americans are at risk of losing access to Medicaid under the proposed legislation, which passed the House Energy and Commerce Committee (HECC). Representative Brett Guthrie, a Kentucky Republican and chair of the HECC, insisted that the changes will "strengthen and sustain" Medicaid for the future, calling them "common sense."
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.
Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to push it out of the Budget Committee.