Tag #Republican Party

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House Republicans Release Revised $3.8 Trillion Tax Cut Bill

House Republicans released a revised bill totaling roughly $3.8 trillion in tax cuts, extending the 2017 Trump tax cuts and including changes to Medicaid and SNAP, aiming for passage by the end of the week after negotiations with the White House.

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foxnews.com
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House GOP Divided on Trump's Bill: Internal Conflicts Threaten Majority

House Speaker Mike Johnson is navigating internal Republican divisions over President Trump's sweeping bill, facing pressure from conservative fiscal hawks demanding deeper Medicaid cuts and a repeal of green energy tax credits, and moderate Republicans seeking a higher SALT deduction cap; failure t...

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One, Big, Beautiful Bill": Proposed Tax Reforms Aim for Economic Growth and Working-Class Relief

The Republican-backed "One, Big, Beautiful Bill", passed by the Ways and Means Committee, proposes permanent extensions to the 2017 Trump tax cuts, significant tax relief for families (up to $13,300 increase in take-home pay), and increased accountability for wealthy universities and non-profits; it...

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Decent Work and Economic Growth
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Trump's 2024 Win: A Shift in Voter Engagement

Catalist data reveals that Donald Trump's 2024 win hinged on increased turnout among less politically engaged voters, while Kamala Harris faced decreased support from traditionally Democratic groups, particularly younger, less white, and more urban voters, suggesting a potential electoral realignmen...

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Trump Rallies Republicans Behind Sweeping Bill Amidst Internal Divisions

President Trump visited the Capitol today to rally House Republicans behind a sweeping bill including tax cuts, spending cuts, deregulation and immigration changes, facing significant internal opposition and tight deadlines before a potential House vote by Thursday.

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SALT Deduction Cap Threatens Trump's "One Big Beautiful Bill

The State and Local Tax (SALT) deduction, capped at $10,000 in 2017, is causing conflict within the Republican party as President Trump now wants to raise the cap, creating a rift between high-tax state Republicans and fiscal conservatives, jeopardizing his "One Big Beautiful Bill.

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House Set to Pass Tax Cut Bill, Adding \$3.8 Trillion to National Debt

The Republican-controlled House is poised to pass a bill extending 2017 tax cuts, boosting military and immigration spending, and cutting social programs, adding \$3.8 trillion to the national debt over a decade, despite a recent Moody's credit downgrade.

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No Poverty
theguardian.com
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Moody's Downgrades US Credit Rating Amid Rising Debt and Tax Cut Concerns

Moody's downgraded the US credit rating on Friday, citing rising debt and the potential impact of new Republican tax cuts, increasing borrowing costs and potentially harming lower-income Americans through cuts to social programs.

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20 GOP Governors Endorse Trump's "One Big, Beautiful Bill

Twenty Republican governors endorsed President Trump's "One Big, Beautiful Bill," a comprehensive legislative package, during his visit to Capitol Hill to rally support for the bill's passage through the House of Representatives.

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Trump's Budget Bill Faces GOP Revolt, Jeopardizing Second-Term Agenda

President Trump's "big beautiful" budget bill, aiming to deliver on campaign promises of border security, tax cuts, and deficit reduction, faces strong opposition within the Republican party, jeopardizing its passage and potentially defining his second-term legacy.

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cnn.com
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US Wealth Inequality Widens as Top 10 Gain $365 Billion Amidst Proposed Republican Tax Cuts

A new Oxfam analysis reveals that the richest 10 Americans gained $365 billion in the past year, while the median American worker earned just over $50,000, highlighting extreme wealth inequality exacerbated by a proposed Republican tax bill that would deepen this gap and add trillions to the nationa...

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Trump Summons Republicans Amidst Impasse Over Spending Bill

President Trump called a White House meeting Wednesday with House Republicans after threatening to halt their agenda due to hardline Republicans' opposition to his tax and spending bill unless changes address the fiscal deficit, jeopardizing House Speaker Mike Johnson's plan to pass the bill before ...

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Showing 169 to 180 of 761 results