Trump, tax and bill
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The bill includes more than $140 billion in spending on the Trump administration's plan to crack down on illegal immigration. That includes $50 billion for completing the wall on the southern border, $45 billion for detention centers, $8 billion to hire more immigration officers, and $14 billion for deportations.
The White House Council of Economic Advisers has released new taxpayer savings projections for President Donald Trump's "big, beautiful bill."
U.S. President Donald Trump's sweeping tax-cut bill, which had been stalled for days by Republican infighting over spending cuts, won approval from a key congressional committee on Sunday in a rare victory for Trump and House Speaker Mike Johnson.
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.
A key House committee advanced President Donald Trump’s giant tax and spending package after Republican hardliners won agreement from party leaders to speed up cuts to Medicaid health coverage.The House Budget Committee approved the legislation late Sunday night after a weekend of negotiations with four ultraconservatives on the panel who on Friday joined with Democrats to reject the legislation.
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Republicans who control the U.S. House of Representatives on Monday were pushing President Donald Trump's sweeping tax bill forward, amid a running battle over spending cuts and tax breaks that threatens to shatter their fragile majority.
Former Vice President Mike Pence spoke Monday in North Carolina against the Trump administration’s zealous efforts to impose tariffs on trading partners worldwide — another effort that shows his willingness to split at times with his former boss.
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.
The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.