tax cut, Republicans and House
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3hon MSN
Republicans and Democrats grew weary in the early hours of Wednesday morning on Capitol Hill as they slogged through at-times contentious debate over provisions in President Donald Trump’s sweeping tax and spending cuts package.
The full committee will debate and advance this legislation on ... fully extend the trillions in tax breaks he enacted via the Tax Cuts and Jobs Act, or TCJA, in 2017. Without TCJA extensions ...
It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe Biden, including eliminating tax credits for electric vehicles, credits for clean energy home investments, and sunsets tax credits for certain types of renewable energy production.
The House Ways and Means Committee named its package ‘ ‘THE ONE, BIG, BEAUTIFUL BILL’’ in all capital letters, a nod to Trump himself. It seeks to extend the tax breaks approved during Trump’s first term — and boost the standard deduction,
49mon MSN
After months of incremental steps, the Republicans’ megabill, including Medicaid cuts, has reached the it’s-time-to-start-paying-close-attention-to-this stage.
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.