Dems see Trump's 'big, beautiful bill'
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House Republicans were jubilant after muscling through President Donald Trump’s “big, beautiful” tax and immigration package by a single vote. But across the Capitol, senators were more cautious. Senate Majority Leader John Thune can afford to lose three Republican senators and still pass the bill,
Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
House and Senate leaders are broadly aligned on the tax bill and have been meeting regularly to avoid points of conflict. But Senate Republicans made clear the compromise, a product of frenzied last-minute negotiations, must be negotiated again after it passed the House by a single vote on Thursday.
White House press secretary Karoline Leavitt said Thursday that President Donald Trump wants to primary the two Republican congressmen who
The White House says the House GOP's tax cuts will usher in an economic boom. Top economists say the upside is negligible.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.