GOP Tax Bill Would Cut Gender-Affirming Care From Medicaid
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Trump is trying to push his 'big beautiful tax and spending bill through Congress. Here's who would benefit the most – and who could get hurt.
Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips and health care.
The House version of the bill is calculated to add about $3.8 trillion to the federal government's $36.2 trillion in debt over the next decade, according to the Congressional Budget Office.
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
President Donald Trump's sweeping tax and policy bill that would change Americans' everyday lives has cleared one big hurdle after several marathon days of negotiations in the U.S. House and an assist from the president himself.
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The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.
Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President Donald Trump’s sprawling, multi-trillion-dollar tax and spending package.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.