House Republicans, tax
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Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal worsens the U.S. fiscal picture.
House Speaker Mike Johnson acknowledges there is still work to do as Republicans struggle to push ahead with President Donald Trump's big bill of tax breaks, spending cuts and border security funds.
Four hardline members of the committee's 21 Republicans allowed the legislation to advance by voting "present" in a rare May 18 session. The bill passed in a 17-16 vote, with all Democrats voting against it.
House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, along with significant spending cuts and reforms for key federal
House Republican leaders are still trying to resolve major internal battles over President Donald Trump’s massive domestic policy bill even as Speaker Mike Johnson is engaged in last-ditch negotiations to win over GOP members’ conflicting demands before an expected floor vote later this week.
Internal Republican divisions over President Donald Trump's massive tax and spending bill played out in at the Wisconsin GOP convention.