House, tax cut and Republicans
Digest more
The House Ways and Means Committee approved the Republican tax package Wednesday, which followed an all-night hearing during which GOP members rejected attempts by Democrats to alter the plan.
Key Senate Republicans are resisting the House’s plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies.The pushback comes just a day after House Republicans released a plan to help pay for an extension of President Donald Trump’s tax cuts by cutting more than $500 billion in energy tax credits from former President Joe Biden’s signature climate law.
Tax breaks tallying more than $5 trillion. But also sizable reductions in Medicaid health care, food stamps for older Americans and green energy strategies to fight climate change.
Ahead of a self-imposed Memorial Day deadline, House Republicans are pushing forward a major spending bill that includes sweeping tax cuts offset by cuts to Medicaid and other social programs.
Under the plan, states would take on some financial responsibility for SNAP, and the size of the costs they take on would be tied to the error rate.
House GOP plows ahead to advance key components of its bill to fund Trump’s agenda -- including taxes and Medicaid cuts -- even as they remain at odds within.
21hon MSN
A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of nonprofits that it says support terrorism.
Send news tips to: [email protected] House GOP eyes moratorium on AI regulations. Republicans in the U.S. House of Representatives are pushing a legislative package that would roll back state AI laws throughout the country and prohibit states from passing new ones for the next decade.
The House GOP has been engulfed in a MAGA firestorm after posting a message on X that was translated into Spanish. The official account was trying to signal that “every American” could benefit from Republican policies,
1don MSN
WASHINGTON (AP) — House Republicans revealed the sweeping tax provisions for President Donald Trump’s big bill Monday, tallying at least $4.9 trillion in costs so far, partly paid for with reductions to Medicaid and other programs used by millions of Americans.