Trump, GOP and Tax Bill
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GOP, House and Big Beautiful Bill
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Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald Trump’s suggestions.
The "Big Beautiful Bill," which passed in the House, includes new provisions for bonus depreciation, R&D deductions, and pass-through relief.
Democratic strategists are attempting to make House Republicans pay a political price for backing President Donald Trump’s “one big, beautiful bill” Thursday, although GOP groups suggest that voters will reject their “fearmongering.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
Raising the debt ceiling is a non-starter for Sen. Rand Paul, R-Ky. He says “I still would support the bill even with wimpy and anemic cuts if they weren’t going to explode the debt. The
Energy and business groups warned that an end to Biden-era tax credits could slow investment in key domestic supply chains for batteries and EVs.
Speaker Mike Johnson (R-La.) told The Post that the party wants Americans to “feel the effects” of Trump’s agenda ahead of November 2026.