Trump’s Big Beautiful Bill Sputters
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Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
House Republicans are proposing to gut energy savings and clean energy tax credits in President Donald Trump’s “big, beautiful” tax bill — money that is creating thousands of jobs in GOP states.
7hon MSN
House Republicans are preparing to vote on their multi-trillion-dollar package of tax breaks and program cuts as soon as Wednesday.
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
The S&P 500 slipped in volatile trading and Treasury yields rose on Wednesday as U.S. President Donald Trump's proposed tax-cut law faced a rare overnight hearing aimed at influencing Republican holdouts opposed to the bill's passage.
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The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
The GOP tax bill could boost the highest-earning Americans' incomes while hurting low earners, according to findings from nonpartisan research groups.
U.S. stock index futures slipped and Treasury yields surged on Wednesday amid growing fiscal anxiety as investors focused on discussions around U.S. President Donald Trump's tax-cut bill that has been plagued by Republican infighting.