House, Trump and Bill
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President Donald Trump has promised not to cut Medicaid many times over the past decade, including in the tax-and-spending legislative package he has made a top priority in his second administration.
The House has passed bipartisan legislation aimed at cracking down on fentanyl. The bill approved Thursday permanently reclassifies analogs of the synthetic opioid fentanyl as Schedule I drugs, making it easier to prosecute drug traffickers for their possession.
The House overwhelmingly passed bipartisan legislation Thursday that would solidify federal policies cracking down on the synthetic opioid fentanyl and its analogs in a bid by lawmakers to combat the nation's opioid epidemic.
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Money Talks News on MSNTrump Tax Plan Advances With Winners and Losers Clearly DefinedThe House narrowly passed President Trump's tax bill with benefits favoring high-income earners. Multiple analyses show those making over $217,000 annually would receive the majority of tax cuts while lower-income Americans face program cuts.
The House-passed budget reconciliation bill promoted by the Trump administration would benefit higher earners at the expense of lower-income Americans, the nonpartisan Congressional Budget Office reported Thursday.
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Bankrate on MSNTrump’s tax plan: ‘Big, beautiful’ bill could cost low-income Americans $1,600 a year, CBO says — here’s what to expect nextThe ‘big, beautiful’ tax bill would cost low-income Americans an estimated $1,600 a year on average, while high-income people would gain $12,000, the CBO says.
The House has voted to cut about $9.4 billion in spending as President Donald Trump’s administration looks to follow through on work by the Department of Government Efficiency when it was overseen by
President Trump likes to say he's bringing in trillions of dollars in investments from foreign countries, but a provision in his tax cuts bill could cause international companies to avoid expanding into the United States.