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It Doesn't Cut the Deficit

Here’s what’s in the House GOP’s sweeping tax and spending cuts package

House GOP leaders are scrambling to put the finishing touches on their massive GOP tax and spending cuts package, in hopes of passing President Donald Trump’s “big, beautiful bill” later this week and sending it over to the Senate.

The Wall Street Journal on MSN · 3h

The Stark Math on the GOP Tax Plan: It Doesn’t Cut the Deficit

House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal worsens the U.S. fiscal picture.

CBS News on MSN · 4d

House GOP bill proposes a number of new tax cuts. Here's how that could impact your money.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.

Trump's 'Beautiful' Tax Bill

The Associated Press - Busines… · 2h

Trump looks to unite Republicans with visit to Capitol before key votes on tax cut bill

Republicans will look to get their massive tax cut and border security package back on track during a rare Sunday night committee meeting

Reuters on MSN · 4h

Republicans hope to nudge Trump tax cuts toward passage despite divisions

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.

azcentral.com · 2h

Medicaid, SNAP, tax cuts: What's in the Trump bill lawmakers aim to pass this week

If passed into law, the bill would push 7.6 milion people off Medicaid, according to the Congressional Budget Office. Cuts and new conditions for SNAP food aid would save $300 billion over ten years. Trump's 2017 tax cuts would be made permanent, costing $2 trillion over the next decade.

5hon MSN

Expect tariffs to cancel out any economic boost from Trump's tax cuts, Goldman Sachs says

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

7hon MSN

White House economic director predicts 'liftoff' once trade deals and tax cuts take shape

Kevin Hassett anticipates strong economic growth with trade deals and tax cuts, dismissing Moody's credit rating downgrade ...

Can Oklahoma afford tax cuts? Critics call out threat to Medicaid, food stamps

Republicans said that now is the right time to cut the state’s top income tax rate from 4.75% to 4.5%, which will allow ...

4hon MSN

Higher starting teacher pay, state employee raises, tax cuts in NC House budget

North Carolina’s first-year teachers could have the highest salaries in the Southeast, if the state House’s budget plan ...

20h

Ishiba Rebuffs Tax Cut Demands With Greek Debt Comparison

Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation’s financial conditions are worse ...

3hon MSN

I don't expect much growth to come from tax cuts, says Fmr. CEA Chair Jason Furman

Jason Furman, Former CEA Chair, joins 'Closing Bell: Overtime' to discuss the U.S. budget, debt & deficits an Moody's ...

Trump's 'Big, Beautiful Bill' would kill tax incentive that's powered EV sales. What to know

Among the proposals in the Trump administration's and House Republicans' Big, Beautiful Bill is the elimination of the federal clean vehicle tax incentive.

Congress to try again on Trump tax cuts, Bessent dismisses credit downgrade

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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It Doesn't Cut the Deficit

Trump's 'Beautiful' Tax Bill

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