Trump's Big Tax Bill Clears The House
Digest more
The bill took weeks of negotiation to craft, and given the politics at play, it also included some notable omissions.
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax deduction.
The "big, beautiful" and egotistically named "Trump Accounts" offer a flash of cash and loud branding — but not much else to really support parents.
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.
We highlighted the substantive changes made by House Republicans to secure the support of several holdout members.
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
The cost for a 30-year fixed-rate mortgage crept up to levels not seen since February, reflecting bond market fears over Trump’s plan to pay for tax cuts with an estimated $3.8 trillion in new debt. “Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates,
The measure, passed by the House, would roll back incentives for people to buy electric vehicles and for automakers to make them in the U.S.