Trump, Big Beautiful Bill and House
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The provision, which has provoked outcry from Democrats, would restrict federal courts' ability to enforce some injunctions.
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee introduced
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,
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UPDATE Trump's New 2026 Tax Plan - Raise Taxes On The RichTrump Proposes Tax Hike on the Wealthy to Fund Middle-Class Cuts What It Means for You Former President Trump is considering raising taxes on Americans earning $2.5 million or more to extend the Tax Cuts and Jobs Act,
There’s a stark contrast between the effects on high earners and those on low-income households in a sprawling legislative package House Republicans passed Thursday.
Speaker Mike Johnson rejected concerns that the "big, beautiful bill" will add to the federal deficit. He called deficit forecasts from the Congressional Budget Office "dramatically overstated." The sweeping package narrowly passed the House last week and now heads to the Senate.