Trump Tax Bill Advances
Digest more
Top News
Overview
Impacts
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
2hon MSN
Among the proposals in the Trump administration's and House Republicans' Big, Beautiful Bill is the elimination of the federal clean vehicle tax incentive.
Former Vice President Mike Pence is praising congressional Republicans for pushing ahead with President Donald Trump’s bill of tax breaks and spending cuts.
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful bill."
Explore more
Is the president okay with this bill adding to the deficit?” a reporter asked. “This bill does not add to the deficit, in fact, according to the Council of Economic Adviser
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
The White House Council of Economic Advisers has released new taxpayer savings projections for President Donald Trump's "big, beautiful bill."