Trump, bill
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A lot of the coverage for why the bond market doesn’t like the “big, beautiful bill” focuses on the fact that its policy changes will increase government debt by slashing taxes without raising anywhere near an equal amount of revenue elsewhere.
The Republican-led House narrowly passed President Donald Trump’s sweeping tax and spending bill late early Thursday morning, sending the package to the Senate where it is likely to be revised.
America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.
The bill passed the House on Thursday, May 22, with all Democrats and two Republicans voting against it after an-all night debate.
CNN correspondent Daniel Dale took on President Donald Trump over claims about his "Big Beautiful Bill," which Dale saaid will hurt some Trump supporters.
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee introduced
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The text of the Big, Beautiful Bill states that the federal government will "propose for each year the following registration fee" of $250 for a covered electric vehicle and $100 for a covered hybrid vehicle.
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Republican attorneys general visit Yuma, Arizona, highlighting a 90% drop in illegal crossings since Trump's second term and the impact of fentanyl trafficking.
As it stands now, the bill would increase the amount of money Louisiana receives from offshore oil and gas production — revenue that must be used for coastal protection and restoration.
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The bill lowers the age of dependents from under 18 to under seven years old, but only in the context of Supplemental Nutrition Assistance Program.