The sprawling legislation to enact President Donald J. Trump’s “big, beautiful bill” agenda is losing momentum in the Senate in the face of blistering attacks from Elon Musk and outspoken opposition from conservatives as the Congressional Budget Office projected Wednesday that the 1,116-page bill passed by the House will add $2.4 trillion to the deficit… Read More
President Donald J. Trump’s “big, beautiful bill” would add $2.4 trillion to the nation’s deficit over roughly the next decade, a new cost estimate from the Congressional Budget Office (CBO) released today shows. The agency estimated the proposed tax cuts in the plan — which seek to lock in expiring provisions in President Trump’s signature… Read More
House Republicans on Thursday morning passed a sweeping bill full of President Donald J. Trump’s legislative priorities, marking a major win for Speaker Mike Johnson (R-Louisiana) but kicking off what’s expected to be a bitter battle with the Senate over achieving key parts of the White House’s policy agenda. The chamber cleared the sprawling package… Read More
The House Rules Committee convened just after 1 A.M. on Wednesday morning, with hundreds of amendments to be debated on the “one big, beautiful” reconciliation bill and is still meeting, seeking consensus from the Republican factions that want their conditions met. The legislation includes an extension of the tax cuts President Donald J. Trump enacted… Read More
Republican deficit hawks allowed President Donald J. Trump’s bill of legislative priorities to advance out of the House Budget Committee in late-night vote Sunday, marking a key hurdle cleared for House GOP leaders and a sign of progress for warring Republican factions. After gaveling in after 10 P.M. Sunday, the committee voted 17-16 to advance… Read More
Speaker Mike Johnson (R-Louisiana) is scrambling to negotiate with competing factions of his conference as the clock ticks to advance President Donald J. Trump’s agenda through the House next week. Today at 2:30 P.M, House Republicans will meet in private to discuss the GOP mega-bill to try shore up the votes to pass the legislation… Read More
The House Ways and Means Committee advanced a number of President Donald J. Trump’s top tax priorities early Wednesday morning, setting the stage for a high-stakes sprint to get the provisions through the GOP’s razor-thin majority. The panel advanced the legislation — part of the party’s package containing President Trump’s legislative agenda — in a… Read More
The tax portion of Republicans’ wide-ranging bill full of President Donald J. Trump’s domestic priorities would cost $3.7 trillion over the next decade, the Joint Committee on Taxation (JCT) just released. That fits within the parameters laid out in the budget blueprint Congress adopted earlier this year, which allowed the House Ways and Means Committee… Read More
The House Ways and Means Committee, which has jurisdiction over taxes, on Friday evening released partial text for its portion of President Donald J. Trump’s “big beautiful bill” and scheduled a meeting to debate and advance the legislation for Tuesday at 2 P.M. The proposal had been highly anticipated, but the text released Friday appears… Read More
The Senate will not convene until 2:30 P.M. today as Senate Republicans will meet at the Library of Congress to discuss where things stand with President Donald J. Trump’s “one, big beautiful bill.” The Senate GOP conference is set to hold the 4-hour policy retreat across the street from the Capitol building as Conservatives are… Read More