GOP, tax bill
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Here's what Trump's tax cut bill may face in Senate
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The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
As the 2026 midterms loom, voters are restless and eager to penalize those in power. Every election starting with 2006, with the exception of 2012, has been a change election.
Republicans lack the necessary support in the Senate to get President Trump’s marquee Big Beautiful Bill Act over the finish line in its current form, Sen. Ron Johnson warned.
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips and health care.
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The 19th on MSNHow Trump’s ‘one, big, beautiful’ tax bill could impact programs for women and childrenHouse Republicans approved a sweeping package early Thursday morning that contained deep cuts to programs assisting low-income Americans, including Medicaid and SNAP food stamp eligibility.
Two Republican fiscal hawks voted against the “one big, beautiful bill” despite overwhelming pressure from House GOP leadership and President
Makes tax cuts from the 2017 Tax Cuts and Jobs Act permanent that fiscal hawks complain adds trillions of dollars to the deficit over the next decade; does not include a tax increase on the wealthiest earners. Trump posted last week that the proposal shouldn't raise taxes on high-earners, "but I'm OK if they do!!!"
NPR's Ayesha Rascoe talks to University of Michigan economist Justin Wolfers about the possible economic impact of the GOP tax and spending bill that narrowly passed in the House.
Fort Worth Star-Telegram on MSN2d
‘No Medicaid Cuts’: Fallout from GOP Tax PackageFallout from GOP Tax Package. Story by Roger Anderson • 11h. 1 / 8 ©IMAGN