House passes Trump's 'big beautiful' tax bill
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New York City Comptroller Brad Lander has challenged Rep. Nicole Malliotakis (R-NY) to a debate in her district after she was the “deciding vote” for the “big, beautiful” House budget bill. Lander is a prominent New York City mayoral candidate and progressive Democrat aiming to topple Mayor Eric Adams and front-runner former Gov.
Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee introduced
Trump Accounts would be a boost for all children, experts say. Saving early and allowing compound growth do its magic is key.
The bill lowers the age of dependents from under 18 to under seven years old, but only in the context of Supplemental Nutrition Assistance Program.
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The White House says the House GOP's tax cuts will usher in an economic boom. Top economists say the upside is negligible.
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The richest 5 percent alone would receive a little less than half of the net tax cuts that year.
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Republican attorneys general visit Yuma, Arizona, highlighting a 90% drop in illegal crossings since Trump's second term and the impact of fentanyl trafficking.