Trump, tax and Policy Bill
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The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely contain, from MAGA accounts to a bevy of campaign promises.
On Sunday night, the House Budget Committee approved President Donald Trump‘s mega bill after divisions in the GOP postponed its passage. Titled the “One Big Beautiful Bill Act,” the final vote on the bill was 17-16 after divisions in the GOP had initially prevented the bill from being passed in the House.
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.
Republicans in Congress are moving with rapid speed to advance President Donald Trump’s big bill of tax breaks, spending cuts and beefed-up border security funding.
A sweeping US tax and spending bill has overcome days of Republican conflict to advance through a key committee and move one step closer to a full vote in the House. Four hard-line Republican congressmen - who had previously torpedoed progress due to concerns the cuts were not deep enough to reduce the national debt - allowed the bill to go forward on Sunday night.
The president is in “constant touch” with House Speaker Mike Johnson and being briefed, but not yet at the point of making calls to holdout members, a White House official said.