Late on May 18, the House Budget Committee advanced the “One Big Beautiful Bill Act,” a comprehensive 1,116-page legislative package that includes a provision: a 5% excise tax on all ...

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The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in part by slashing health, nutrition, education and clean energy programs.

The House of Representatives passed the President Donald Trump-backed “One Big Beautiful Bill” in a 215-214 vote May 22 after debating for hours overnight on the controversial legislation that ...