Trump, House and tax bill
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President Trump’s ‘big beautiful spending’ bill is giving investors pause as bond yields move higher over debt and deficit concerns. The 10-year Treasury yield topped 4.5% creating headwinds for U.S.
As President Donald Trump works to muscle his sweeping tax and spending cuts package through Congress, a network of conservative groups has undertaken a multimillion-dollar advertising blitz to spread his message to voters and pressure recalcitrant lawmakers to get in line.
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,
Trump's big beautiful bill gets crucial vote to move on. What to know about reconciliation bill details: no tax on tips, overtime or Social Security.
A larger tax cut still will not offset the drag on the U.S. economy caused by tariffs, according to Goldman Sachs' Alec Phillips.
The White House Council of Economic Advisers has released new taxpayer savings projections for President Donald Trump's "big, beautiful bill."
There is no official deadline for congressional Republicans to pass their budget reconciliation bill to put in place President Donald Trump’s legislative agenda, but they’ve imposed one on themselves by including a debt-ceiling provision in the tax-and-spending legislation.