President Trump's budget bill heads to Senate
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Medicaid, bill and House
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Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.
The president’s efforts to rewrite the DNA of global commerce could complicate the fate of his “Big, Beautiful Bill,” either by diverting the president’s energy or by inviting lawmakers to make changes to the legislation to address unhappiness from the markets and the public.
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.
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Republicans defend budget legislation as economic plan to make life more affordable amid fierce partisan battle over social program cuts
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The GOP-backed One Big Beautiful Bill Act includes some big changes to the Supplemental Nutrition Assistance Program.
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax deduction.