Donald Trump, bill and Tax Cut
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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.
The White House’s claim that the GOP tax bill would save $1.6 trillion only takes into account the bill’s spending cuts — and ignores something else.
More than an estimated 8 million recipients could lose Medicaid coverage, according to a CBO analysis requested by House Democrats. Republicans say they're targeting able-bodied adults and undocumented immigrants, but other beneficiaries could also be impacted.
The bill attempts to combine several priorities in Trump's legislative agenda with a clear emphasis on tax cuts.
The massive tax and immigration bill, which is central to Trump’s second-term plans, faces continued resistance from both moderates and GOP hard-liners.
The White House Council of Economic Advisers has released new taxpayer savings projections for President Donald Trump's "big, beautiful bill."
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.
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.