The lawmakers are racing for a July 4 deadline to have the whole package sent to Trump’s desk in time to also avoid a dangerous debt default. The Treasury Secretary has said federal tax revenues are running short and Congress needs to raise the spending limit to keep paying the bills.

How what Trump has called his “big, beautiful bill” could change the federal government and the U.S. economy.

The House Ways and Means Committee on Monday released a fuller version of its part of the party’s bill full of President Trump’s legislative priorities, kicking off what is expected to be a

The details of House Republicans’ plans for their sweeping tax and spending cuts package – otherwise known as President Donald Trump’s “big, beautiful bill” – are coming into view now that lawmakers have revealed many of the consequential and controversial proposals.