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2hon MSN
The House passed President Donald Trump's "one big, beautiful bill" on Thursday morning, but two defecting Republicans took to social media to decry the spending plan.
42mon MSN
WASHINGTON (AP) — House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package, with Speaker Mike Johnson defying the skeptics and unifying his ranks to muscle President Donald Trump's priority bill to approval Thursday.
US President Donald Trump’s signature tax bill passed the 435-member House of Representatives on Thursday morning by one vote. The sprawling, multitrillion-dollar package proposed by Republicans, which would (among many other things) slash funding for safety net programs in favor of extending tax cuts,
Others could see their monthly benefits reduced if the bill were to become law, according to the nonpartisan Congressional Budget Office.
WASHINGTON (AP) — The multitrillion-dollar tax breaks package passed by House Republicans early Thursday would gut clean energy tax credits that Democrats approved three years ago while supporting increased mining, drilling and other traditional energy production.
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U.S. Senate Republicans said on Thursday they will seek substantial changes to President Donald Trump's sweeping tax and spending bill after it narrowly won approval in the House of Representatives, in a sign that significant hurdles remain for the package.
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out over $500,000.
A vote on Trump’s big budget bill could come early Thursday morning. The legislation would extend tax cuts and add billions in new spending – and trillions in debt.
The Kentucky Republican, one of only two to vote against Trump’s 1,000-page bill, took the floor to offer his GOP colleagues a “dose of reality” about how the bill will saddle the U.S. with trillions in debt for decades to come.
After a meeting with Trump and conservative holdouts, Speaker Mike Johnson said he planned told hold a floor vote Wednesday night or Thursday morning.
13hon MSN
In today’s edition … How Medicaid cuts could directly affect more than just House races ... Democrats’ plans for Trump’s crypto dinner … A remembrance of Gerry Connolly.