The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.

The White House said President Donald Trump's "big, beautiful bill" includes a 401K-style savings account for new parents and is "very pro-family."

Goldman said tariffs could overshadow and boost to the economy provided by Republicans' sweeping fiscal package, which includes big tax and spending cuts.

Former Vice President Mike Pence is praising congressional Republicans for pushing ahead with President Donald Trump’s bill of tax breaks and spending cuts.

President Donald Trump’s tax bill includes a measure to kill an Obama-era electric vehicle tax credit. Trump plans to sign the bipartisan "Take It Down Act," which aims to combat revenge porn and deepfakes with stricter penalties for non-consensual imagery. (Scripps News)

House GOP leaders worked through the weekend to win over a quartet of fiscal conservatives who voted last week to block Trump’s Big Beautiful Bill.

Deficit hawks who had blocked the measure two days earlier are still dissatisfied and want steeper spending cuts.

Republicans who control the U.S. House of Representatives will try to nudge President Donald Trump's sweeping tax bill toward passage this week, despite a running battle over spending cuts and tax breaks that threatens to shatter their fragile majority.