Trump's 'Beautiful' Tax Bill
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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.
President Donald Trump's rallying speech to House Republicans Tuesday morning wasn't enough to convince some holdouts to unite behind his "big, beautiful bill" ahead of a planned vote this week. Trump urged Republicans to cease infighting on Medicaid reform and state and local tax (SALT) deduction caps at the House GOP’s weekly conference meeting.
The U.S. House of Representatives has unveiled a legislative package dubbed "One Big, Beautiful bill," a phrase President Donald Trump has now said several times on his various social media accounts or in front of media. The bill attempts to combine several priorities in Trump's legislative agenda with a clear emphasis on tax cuts.
More than an estimated 8 million recipients could lose Medicaid coverage, according to a CBO analysis requested by House Democrats. Republicans say they're targeting able-bodied adults and undocumented immigrants, but other beneficiaries could also be impacted.
House Speaker Mike Johnson (R-LA) is hoping for a floor-wide vote by Wednesday or Thursday, but there are many "unsolved issues" left to discuss on the "big, beautiful bill."
Washington — President Donald Trump is heading to Capitol Hill early Tuesday to seal the deal on his “big, beautiful bill," using the power of political persuasion to unify divided House Republicans on the multitrillion-dollar package that is at risk of collapsing ahead of planned votes this week.
President Donald Trump on Tuesday morning turned up the heat on the more than a dozen House Republican holdout votes endangering passage of the bill.
Medicaid work requirements are a sticking point with fiscal hawks, three of whom sit on the Budget Committee, as they think they should go into effect sooner than 2029.
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WWNY on MSNConcerns mount locally over ‘big, beautiful’ billPresident Trump aims to slash spending, cut back on Medicaid and provide tax cuts in his budget plan. Some state and local officials are worried.