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House Democrats claim tax legislation will lead to GOP losing its majority

Debate Over Trump’s New Bill Intensifies House Democrats’ campaign division has claimed that President Trump’s recently passed legislation could jeopardize Republican control in 2026, increase costs for working families, and primarily benefit the wealthiest Americans. According to them, public support for Trump and the Republican agenda has plummeted in recent polls, noting that issues related […]

Trump’s major legislation is approved by the House

Highlights After the House Passes Trump’s Major Bill The House of Representatives has recently advanced a substantial bill that reflects Donald Trump’s key policy initiatives, causing quite a stir. This legislative package contains various aspects, including significant tax reductions, stricter immigration regulations, and substantial cuts to Medicaid. It’s a notable victory for Republicans, particularly for […]

Trump’s new legislation could lead to significant tax hikes for Canadian businesses, potentially costing investors as much as $81 billion over seven years.

Changes in US Tax Policy Affecting Canadian Businesses President Donald Trump’s proposed tax legislation could lead to a notable rise in tax rates for Canadian firms, which may ultimately burden investors with up to $8.1 billion in extra taxes over a seven-year timeframe. Recently, the House approved a Republican measure—dubbed “The One, Big, Beautiful Bill”—by […]

Cornyn, Grassley, and Klobuchar introduce legislation to safeguard data during 23andMe bankruptcy

New Bipartisan Measures Aim to Safeguard Genetic Data Republican Senators John Cornyn and Chuck Grassley, along with Democrat Senator Amy Klobuchar, are pushing for new bipartisan legislation to protect sensitive genetic information. Their initiative responds to increasing privacy concerns, particularly following the bankruptcy of 23andMe, as reported recently. The senators have introduced the DONT SELL […]

5 key points from the House approval of Trump’s major legislation

House Republicans advanced significant measures early Thursday that align with Trump’s tax goals, featuring notable cuts to Medicaid, food stamps, and additional partisan provisions. This extensive bill, exceeding 1,000 pages, underwent overnight adjustments to satisfy both moderate and hardline conservatives within the GOP. It proposes substantial tax reductions and aims to cut spending by $1 […]

How Trump’s major legislation is impacting the bond market

The recent House Republican bill lacks clear cost estimates and may undergo significant changes in the Senate. Nevertheless, it’s already causing a stir in the global financial markets. As the bill advanced, US bonds were sold off, which could potentially increase the national deficit by trillions. The deficit has been around 120% of GDP since […]

New legislation seeks to prevent China from using other nations to bypass Trump’s tariffs

Republicans Target China’s Tariff Avoidance Republicans are focusing on China’s attempts to bypass US tariffs by relocating production abroad. This initiative was unveiled on Thursday by House Budget Chairman Joe Arrington from Texas. The Non-Market Tariff Avoidance (ANTE) Act aims to curb subsidies and the activities of state-owned enterprises that establish operations in other countries […]