House, Republicans and corporate tax rate
Digest more
House GOP leaders are scrambling to put the finishing touches on their massive GOP tax and spending cuts package, in hopes of passing President Donald Trump’s “big, beautiful bill” later this week and sending it over to the Senate.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
A key committee worked through the night on the legislation as Republican leaders sought agreement from various party factions.
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
As a Republican-backed bill moves ahead in the House, proposed tax cuts under the measure include some new and surprising changes that could impact the wallets of millions of Americans.
A group of House Republicans, led by Arizona Rep. Paul Gosar, have requested Fiscal Year 2026 spending bills to include language prohibiting federal funding for transgender experiments on animals.
House Republicans advanced a sweeping spending package that would roll back Biden-era tax credits for renewable energy projects. If the bill passes the Senate and makes it to President Donald Trump’s desk to sign, it could deal a serious blow to renewables, new nuclear technologies, and clean energy manufacturing across the US.
House Republican leadership on Wednesday night unveiled last-minute tweaks to President Trump’s tax cut and spending priorities bill, including increasing the state and local tax (SALT) deduction