Trump, tax cut and Republicans
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WASHINGTON – House Republicans defended a bill that would enact sweeping tax cuts, raise the debt ceiling, and add restrictions to benefit programs during a heated marathon day of committee hearings on Capitol Hill.
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.
In a marathon hearing that began Tuesday afternoon, the House Energy and Commerce Committee started marking up legislation to slash green subsidies authorized by the landmark climate bill signed by former President Joe Biden.
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.
House GOP plows ahead to advance key components of its bill to fund Trump’s agenda -- including taxes and Medicaid cuts -- even as they remain at odds within.
G.O.P. leaders are exploring cuts to federal aid, leaving some states fearful that their budgets cannot absorb billions of dollars in new costs.
States will likely serve fewer people in need of food assistance, experts say, as Congress says it’s rooting out waste to meet spending-reduction goals for tax cuts.
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.
House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax package.