Trump's new tax bill explained
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An unexpected name kept coming up as House Republicans crafted their multi-trillion dollar legislative package slashing Medicaid and taxes for the wealthy: Bill Clinton. On the House floor, during committee hearings and in hallway interviews,
President Trump’s “big, beautiful bill” passed the House on Thursday after lawmakers wrestled with the legislation during an all-night session. The GOP spending bill now
The "Big, Beautiful Bill" extends the $4.5 trillion in tax breaks implemented during Trump's first term in 2017, and adds new tax cuts Trump promised while campaigning in 2024, including no taxes on tips, overtime pay, car loan interest and others.
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Soy Aire on MSNThe 'One Big Beautiful Bill Act': A controversial shift in Social Security and MedicareThe Republican-backed 'One Big Beautiful Bill Act' has stirred debate over its approach to Social Security, diverging from President Trump's campaign promise to eliminate taxes on benefits. Instead, it introduces a temporary tax relief for seniors,
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.
Democrats are sounding the alarm about the possible repercussions of President Trump’s “big, beautiful” tax bill, which passed the U.S. House of Representatives and heads now to the Senate. Representative Jake Auchincloss (D-MA) speaks with MSNBC’s Alex Witt about how the spending bill would negatively impact the middle class,
House Republicans narrowly passed the multitrillion-dollar bill advancing Trump’s domestic agenda, and Senate Republicans are preparing for the battles ahead when they consider the measure next month.