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The “One Big Beautiful Bill” is one big, ugly mess. We’ve seen false advertising in naming laws before — the Democrats’ 2022 Inflation Reduction Act jumps to mind. Yet no legislation has ...
History is not on their side. That spending and tax cut bill, titled the One Big Beautiful Bill, still has significant hurdles ahead. It passed the House by a single vote early Thursday after ...
The bill increases the “SALT” cap to $40,000 for incomes up to $500,000, with the cap phasing downward for those with higher incomes. Also, the cap and income threshold will increase 1% ...
The bill now goes to the upper chamber, where Senate Republicans are already eyeing changes. Here’s a rundown of what’s in the more than 1,000-page bill the House passed. A centerpiece of the ...
Hours after House Republican leadership celebrated the "generational" and "nation-shaping" legislation, their Senate colleagues who still must write and then pass their own version of the bill ...
President Donald Trump and Republicans’ “big, beautiful” tax bill already promises to leave millions of Americans without access to Medicaid and food assistance programs. The GOP is using ...
President 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 ...
Advocates for the charitable sector say they’re working hard to remove harmful provisions from President Trump’s “ big beautiful bill,” which passed in the House on Thursday. But the lobbyists for ...
In the context of these larger fractures, the bond market selloff from the GOP bill could be more pronounced, they say. “It’s something I’m watching very closely,” Axel Merk, head of Merk ...
The Senate voted 66-22 to advance the measure late Monday. The Senate voted 66-22 late Monday to advance the GENIUS Act, a bill that aims to regulate some cryptocurrencies. The bill faced some ...
House committees labored for months on the bill, which underwent late changes to win over holdouts in the Republican conference. It exceeds 1,000 pages and is titled the “One Big Beautiful Bill ...