GOP, tax cut and House
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Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
The vote came after an all-night debate that saw at least one lawmaker fall asleep at his post. Republicans rejected a series of proposed changes by opposition Democrats, who blasted the bill as a wasteful giveaway to the wealthy that would shred health and food benefits for the poor and worsen the nation's financial standing.
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.
The heart of the Republican budget legislation targets key climate and energy provisions of the Inflation Reduction Act.
The poll also found 57% support for making federal tax cuts first approved during President Donald Trump’s first term permanent, instead of letting the reductions expire this year. That includes 87% of Republicans and 55% of voters with no party affiliation. It also includes 23% of Democrats, despite Trump’s association with the cuts.
Germany's economic downturn and tax relief are likely to reduce total tax revenues by 81.2 billion euros ($90.94 billion) between 2025 and 2029 compared with a projection in October, figures the country's council of tax experts showed on Thursday.
Speaker Mike Johnson is trying to strike a delicate balance between blue-state Republicans and conservative hardliners on a sprawling bill for Trump's agenda.