Order byBest matchMost fresh

Senate, Republicans and tax cuts

Digest more
Top News
Overview
Impacts
The strategy would allow them to avoid getting a formal thumbs up or thumbs down on their claim that extending the tax cuts that Mr. Trump signed into law in 2017 would cost nothing — a gimmick that ...
From The New York Times
Their controversial strategy hinges on a budget gimmick making it appear as if their $5 trillion tax package won't cost anything.
From HuffPost
Plenty of ideas are now circulating, most of which focus on cuts to Medicaid, the federal entitlement for the poor.
From Bloomberg L.P.

Read more on News Digest

Republicans Plan to Skirt Senate Rules to Push Through More Tax Cuts
Senate G.O.P. leaders are planning to use what is known as the “nuclear option” to steer around the Senate’s in-house referee and allow the use of a gimmick that makes trillions of dollars in tax cuts appear to be free.
Senate Republicans release budget blueprint with new tax cuts and $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.
Senate Unveils Plan to Fast-Track Tax Cuts, Debt Limit Hike
Senate Republicans unveiled a budget blueprint designed to fast-track a renewal of President Donald Trump’s tax cuts and an increase to the nation’s borrowing limit, ahead of a planned vote on the resolution later this week.
Republicans Plan To Go 'Nuclear' On Passing Trillion Dollar Tax Cuts
Their controversial strategy hinges on a budget gimmick making it appear as if their $5 trillion tax package won't cost anything.
Senate GOP Unveils Budget Blueprint Made In Trump’s Image
Senate GOP leadership unveiled a budget blueprint Wednesday afternoon to advance President Donald Trump’s first-year legislative priorities. The budget resolution
SCOOP: Lindsey Graham amendment signals GOP budget breakthrough, sets stage for Trump agenda
Budget Chair Lindsey Graham released the Senate's amendment to the House-passed reconciliation resolution, signaling movement on Trump's agenda in Congress.
Republicans Can Have Their Tax Cuts and Benefits, Too
Congressional Republicans face some tough math. They want to extend tax cuts, set to expire this year, that would add perhaps $4.5 trillion in new deficit spending. To offset such extravagance, they plan to come up with $2 trillion in spending cuts.
Senate Republicans move forward with their budget plan to promote Trump's agenda
If passed, the package could become a hallmark of President Trump's second term. But a number of obstacles remain ahead.
Senate GOP unveils new budget blueprint and braces for another vote-a-rama
Senate Republicans unveiled their new budget blueprint Wednesday afternoon, paving the way for the Senate and House to finally inch closer to advancing President Donald Trump’s immigration and tax agenda.
Trump gives GOP senators his support as they charge ahead on tax package and spending cuts
Republican senators unveiled a budget proposal that’s central to President Donald Trump’s agenda of tax breaks, spending cuts and border security.
Senate Pencils in $5 Trillion for Tax Relief, Leaves Blank Spaces for Spending Cuts
WASHINGTON—Senate Republicans rallied behind a fiscal framework that allows more than $5 trillion in tax cuts over a decade, taking a crucial step toward turning President Trump’s agenda —tax cuts, border security and national defense—into law.
Almost all wealth is owned by top 50% of Americans. Tax cuts may deepen divide, experts say.
Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.
Senate GOP to move ahead on plan to unlock Trump tax cuts, border agenda this week
Senate Republicans are preparing to move forward with a budget plan that will enable them to implement President Trump's agenda, eyeing a vote later this week.
Explore more
Republicans will slash Medicaid to pay for tax cuts, Mass. Rep. Auchincloss warns
Republicans are trying to cut health care for people who need health care to pay for tax cuts for people who do not need tax cuts," the Newton Democrat said.
US Business Put Spending Plans on Ice With Tariffs, Tax-Cut Wait
President Donald Trump’s November election win drove a surge in business optimism and expectations for capital spending. Four months later, executives have shifted to wait-and-see mode.
mlive on MSN1d
Michigan House passes income tax cut plan with some Democratic support
A proposal to give Michiganders some tax relief has passed the House with some bipartisan support. The bill to reduce the individual income tax rate from 4.25% to 4.05% effective Jan. 1, 2025, was passed by the House on March 18 by a 65-43 vote, with seven Democrats joining all Republicans in approving the measure.
Feedback