White House, Republicans and Tax Bill
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House Republicans are barreling ahead with a proposal to advance Trump’s agenda, which would straddle more generations with trillions of dollars in debt.
P resident Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn. Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade.
The bill, known as the Take It Down Act, mandates social media platforms to remove sexually explicit images and videos of others.
House Speaker Mike Johnson (R-LA) is hoping for a floor-wide vote by Wednesday or Thursday, but there are many "unsolved issues" left to discuss on the "big, beautiful bill."
15hon MSN
President Donald Trump and his wife, Melania Trump, will be hosting a bill-signing ceremony for the Take It Down Act.
Four House Freedom Caucus members on the Budget Committee who held up the GOP’s massive reconciliation package last week reversed course late Sunday night.
House Republicans are negotiating bill agreements on green energy tax credits, Medicaid work requirements and more, with a Budget Committee meeting set for Sunday night.
The Congressional Budget Office has said the bill, if enacted, would cause more than 8 million people to lose their coverage.