Big, beautiful bill heads to Senate
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The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee introduced
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.
Montana lawmakers are speaking out after President Trump's budget bill moves forward in the House.It barely won approval — with 215 lawmakers for the bill and 2
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Action News 5 on MSN‘It was a really a big ugly bill:’ Congressman Steve Cohen responds to the ‘Big Beautiful Bill’ passingThe ‘Big Beautiful Bill’ includes extensions of the 2017 tax cuts and jobs act, eliminating taxes on tips and overtime pay.“It was a really a big ugly bill. It’s going to hurt more people in Memphis than any legislation in history has ever hurt people in Memphis,
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House and Senate leaders are broadly aligned on the tax bill and have been meeting regularly to avoid points of conflict. But Senate Republicans made clear the compromise, a product of frenzied last-minute negotiations, must be negotiated again after it passed the House by a single vote on Thursday.
The White House says the House GOP's tax cuts will usher in an economic boom. Top economists say the upside is negligible.