Trump, House and bill
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The president visited the weekly meeting of House Republicans to make the case for the legislation and pressure members of his party to fall into line.
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.
Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill.
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MiBolsilloColombia on MSNRepublican Party tax bill, what does it contain and what should you consider?The Republican-led House has unveiled a sweeping tax proposal, aiming to cement it as the cornerstone of President Trump's second-term agenda. Dubbed 'THE ONE, BIG, BEAUTIFUL BILL,' this legislative package seeks to implement extensive fiscal and spending changes.
Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one last person to consult. He went to the White House.
For every group demanding one policy, another equally powerful bloc insists on the opposite. The coalitions encompass the divergent ideological, political and regional interests in the G.O.P.
19hon MSN
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful bill."
The House Budget Committee approved President Trump's "big, beautiful bill" Sunday after Speaker Mike Johnson (R-La) convinced a cadre of Republican opponents to drop their opposition pending changes that have not yet been publicly disclosed and may still be in flux.