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Republicans reject Trump tax-cut bill

Reuters on MSN · 18m

Republicans spike Trump tax bill over spending worries, Moody's cuts US rating

By David Morgan and Bo Erickson WASHINGTON (Reuters) -Hardline Republicans in the U.S. House of Representatives blocked President Donald Trump's sweeping tax bill on Friday over concerns it did not do enough to cut spending hours before Moody's stripped the federal government of its once top-tier credit rating.

The Boston Globe · 4h

Conservative Republicans block Trump’s big tax bill from advancing out of key committee. Follow live updates.

The hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among other changes, before they will give their support to President Trump’s bill.

The Washington Post on MSN · 4h

GOP hard-liners block Trump’s ‘big, beautiful bill’ on taxes, immigration

The vote is a significant, but not fatal, setback to the legislation that President Donald Trump hopes will define his second term.

2hon MSN

Conservatives block Trump’s big tax breaks bill in a stunning setback

Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to ...

5h

G.O.P. Tax Bill May Hurt the Lowest Earners and Help the Richest

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

3hon MSN

Mexican government opposes remittance provision in Trump tax bill

House Republicans have included in Trump's domestic policy bill a 5% tax on cash payments sent by non-citizens to family in ...

2d

What’s in the House Tax Bill?

The House Ways and Means Committee advanced its tax portion of President Donald Trump’s ‘big, beautiful bill.’ Here’s what’s ...

2don MSN

Rich vs. Poor: Who Gets What in the GOP Tax Bill

The Republican tax bill looks very different depending on your income—and your political lens.

3hon MSN

Chip Roy helps stall Trump's tax bill in Congress, citing deficit concerns

U.S. Rep. Chip Roy of Texas dealt a serious blow to President Donald Trump's push for a big spending plan and tax cut package ...

12hon MSN

How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits

House Republicans' "one, big, beautiful" tax bill includes a new perk for older adults: a $4,000 deduction, framed as a ...

1d

Here’s What’s in the Big Domestic Policy Bill to Deliver Trump’s Agenda

A large tax cut, as well as more money for defense and immigration enforcement, would be financed by slashing health, ...

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