House Republican tax bill approves a $40,000 limit on the ‘SALT’ deduction. Here are the beneficiaries.
House Proposes Changes to SALT Deductions Jason Smith (R-MO), who is the chairman of the House Ways and Means Committee, is set to hold a press conference on May 13, 2025, just before a markup hearing at the Longworth House Building on Capitol Hill in Washington, DC. On Thursday morning, House lawmakers approved modifications to […]
“Large, Impressive Bill” Moves Through House – Progressing To Senate
Trump’s Tax Bill Passes the House Donald Trump’s tax legislation was approved by the House early Thursday morning, with a close vote of 215-214-1. This bill encompasses several key items from Trump’s agenda. Some highlights include extending the tax cuts from 2017, eliminating taxes on tips, increasing funding for defense and border security, and ensuring […]
Jordon Hudson jokes about age difference with Bill Belichick on their night out.
Jordon Hudson is addressing the criticism directed at her and Bill Belichick regarding their age difference. The 24-year-old referred to the 73-year-old former NFL coach as her “old bae” in a series of Instagram videos shared on Wednesday night. In one post, she humorously captioned a video of them enjoying chicken wings with the phrase, […]
House passes Trump’s significant bill by narrow margin, moving it to the Senate
House Republicans Approve Trump’s Agenda Bill In a close vote early Thursday, House Republicans passed President Trump’s “big and beautiful” agenda bill, with the tally at 215-214. This approval came after an intense two-day effort aimed at rallying both fiscal conservatives and moderate Republicans from blue states. The outcome meets House Speaker Mike Johnson’s target […]
House approves Trump’s comprehensive bill in major win for Speaker Johnson
House Advances Trump’s Legislative Bill The House has moved forward with President Donald Trump’s proposed “one big, beautiful bill.” In a narrow vote of 215-214-1, most Republican lawmakers supported the tax and spending package, which is anchored by a significant portion of the president’s legislative agenda. Notably, Thomas Massey of Kentucky and Warren Davidson of […]
Why the bond market is alarmed by the ‘Big, Beautiful Bill’
Bond Market Sends Clear Warning to Washington The bond market, often quiet and, well, perhaps not the most exciting, managed to make some noise recently. On Thursday, investors effectively shone a spotlight on their concerns regarding government fiscal policies. The US Treasury held a 20-year bond auction on Wednesday, and the results were disappointing. Investors […]
Here are the important last-minute adjustments to Trump’s significant bill.
House GOP leaders have made several last-minute adjustments to tax and spending packages aimed at securing more support from holdouts. The revisions address issues such as state and local tax (SALT) deduction caps as part of an effort to rally enough backing for the bill and cater to the diverse factions within the GOP conference. […]
House Rules Committee moves forward with Trump agenda bill following lengthy 20-hour hearing
Legislation Moves Forward After Extended House Meeting The House Rules Committee has begun moving legislation forward after an intense meeting that lasted nearly 22 hours. The committee voted 8-4 to advance the GOP’s “One Big Beautiful Bill Act,” which is a key priority for President Trump. This bill incorporates a variety of measures aimed at […]
Trump’s significant bill passes the last obstacle before a House vote.
A Republican bill, dubbed “One Big Beautiful Bill,” has made significant progress after an extensive hearing. On Wednesday, the legislation cleared a committee vote, passing with an 8-4 decision just before 11 pm, strictly along party lines. The committee convened at 1 am. According to requirements, Democrats are allotted two days to submit their dissenting […]
Trump’s Major Bill encounters last challenges as House Republicans unite support
Republicans Push for Trump’s Major Bill House Republicans are optimistic about advancing Trump’s significant bill. After a White House meeting with the president and members of the Freedom Caucus, House Majority Leader Steve Scullies (R-LA) suggested the possibility of a late-night vote on the legislation. However, it quickly became apparent that such timing might be […]