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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 · 6h

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 Tax Bill Advances

USA TODAY on MSN · 6h

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

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 Associated Press on MSN · 1d

Trump's big bill advances in rare weekend vote, but conservatives demand more changes

House Republicans narrowly advanced President Donald Trump's big tax cuts package out of a key committee during a rare Sunday night vote, but just barely, as conservative holdouts are demanding quicker cuts to Medicaid and green energy programs before giving their full support.

U.S. News & World Report · 1d

Trump Tax Bill Wins Key Committee Vote in Congress, Advancing His Agenda

U.S. President Donald Trump's sweeping tax bill, stalled for days by Republican infighting over spending cuts, won approval from a key congressional committee on Sunday that advances the measure toward possible passage in the House of Representatives later this week.

8hon 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 ...

11hon 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 ...

12h

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 ...

7hon 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 ...

23h

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 ...

6hon 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 ...

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 ...

14hon MSN

Scott Bessent urges tax cuts to offset possible tariff inflation

Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, ...

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It Doesn't Cut the Deficit

Trump Tax Bill Advances

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