House passes Trump's 'big beautiful' tax bill
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House Republicans were jubilant after muscling through President Donald Trump’s “big, beautiful” tax and immigration package by a single vote. But across the Capitol, senators were more cautious. Senate Majority Leader John Thune can afford to lose three Republican senators and still pass the bill,
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
House and Senate leaders are broadly aligned on the tax bill and have been meeting regularly to avoid points of conflict. But Senate Republicans made clear the compromise, a product of frenzied last-minute negotiations, must be negotiated again after it passed the House by a single vote on Thursday.
Packaging is important. Consumer products companies know it. So do politicians. That's why the GOP named the H.R. 1 bill making its way through Congress the "One Big Beautiful Bill Act." The moniker originated from a social media post by President Donald Trump promoting "one big beautiful bill" to include all of his domestic policies.
Read here to know how proposed tax changes impact NextEra Energy (NEE), its growth in renewables, and dividend outlook amidst policy headwinds.
Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.