Trump, expensive bill
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The Republicans' "One, Big, Beautiful Bill" would hurt the finances of the lowest-income households while enriching the wealthiest ones, a new analysis found.
House Republicans on Thursday morning passed a sweeping bill full of President Trump’s legislative priorities, marking a major win for Speaker Mike Johnson (R-La.) but kicking off what’s
Donald Trump's self-described "big, beautiful" tax bill has officially passed the House of Representatives and is now headed to the Senate.
The congressional budget bill, dubbed the "One Big Beautiful Bill' by its Republican authors, is making its way through Congress. Here's what you need to know.
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Amazon S3 on MSNBig Beautiful Bill Will 'Explode The Deficit,' And Make The Rich Richer: Congressional Budget Office Estimates 4% IncomeThe Congressional Budget Office warned Tuesday that Donald Trump’s proposed One Big Beautiful Bill Act would increase the federal deficit by $3.8 trillion through extended tax cuts. It would also slash Medicaid and SNAP funding by $965 billion.
Republican budget hawks faced painful calculations Wednesday as the House inched toward advancing President Donald Trump’s “big, beautiful bill” that would saddle more generations with trillions of dollars in debt.
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,
The bill would overhaul the tax code and extend many of the tax cuts from Trump’s first term while boosting defense spending and curtailing health benefits.