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Rep. Andy Harris (R-Md.), the chair of the conservative House Freedom Caucus, is staking opposition to the Senate’s version ...
House Republicans’ sweeping tax and spending cuts package would add $2.4 trillion to the deficit over the next decade, according to the Congressional Budget Office’s analysis of the bill that ...
MICHEL MARTIN, HOST: President Trump's tax and spending bill is headed to the Senate after passing in the House by just one vote. It is estimated the bill will add $3.3 trillion to the national ...
House Republicans on Thursday passed a bigger child tax credit as part of President Donald Trump's multi-trillion-dollar spending package. If enacted, the bill would make permanent the maximum ...
House Republican tax bill favors the rich — how much they stand to gain, and why. The Congressional Budget Office estimates income for the bottom 10% of households would fall by 2% in 2027 and ...
The House bill also extends the $2,000 Child Tax Credit, which otherwise would revert to its pre-Tax Cuts and Jobs Act level of $1,000 per eligible child starting in 2026.
President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and ...
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