Trump, GOP and Tax Bill
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For years, states have been taxing health care providers to draw down additional federal funds for their Medicaid programs.
2don MSN
Sen. Rand Paul (R-KY) spoke out against President Donald Trump‘s $4 trillion “big beautiful bill” now sitting before lawmakers in the upper chamber, arguing the budget legislation is fiscally irresponsible.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
Thursday morning's vote is already at the center of ads in swing districts, as Democrats and Republicans battle for control of the House in the midterm elections.
A tax and policy bill awaiting Senate approval would drastically hike Grinnell College's endowment tax. What that means:
The Republican-led House of Representatives has passed a sweeping budget package that would fulfill many of President Donald Trump's priorities. The Republican-led Senate next takes up the package, with significant changes likely.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.