Trump, House Republicans and tax cut
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President Donald Trump urged House Republicans to stop negotiating and pass his sweeping filibuster-proof reconciliation bill Tuesday.
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap be lifted as part of reconciliation.
Updates and the latest news as Trump addresses House Republicans about the reconciliation bill and RFK Jr. testifies to Congress about DOGE cuts and his vaccine views.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
A key committee met after midnight on Wednesday and worked through dawn as Republican leaders finalized changes aimed at winning over holdouts in hopes of bringing the bill to the floor in short order.
Foreign investors are anxiously monitoring negotiations over the GOP spending megabill, which threatens to further balloon the deficit. Some are responding to the market turmoil by turning away from U.
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
There is no official deadline for congressional Republicans to pass their budget reconciliation bill to put in place President Donald Trump’s legislative agenda, but they’ve imposed one on themselves by including a debt-ceiling provision in the tax-and ...