Trump, Bill
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Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
House GOP leaders are pressing lawmakers to get on board with the massive framework that includes Trump’s priorities on energy, border, national security and tax reform.
Freedom Caucus Chairman Andy Harris said there is “no way” the “One Big Beautiful Bill Act” passes in the House on Wednesday.
The carried interest loophole refers to a provision in the U.S. tax code that allows investment fund managers, like private equity executives, to pay a lower tax rate than normal,
Trump hosted the president of South Africa at the White House. What happened: Trump criticized Cyril Ramaphosa for his country’s treatment of Afrikaners, pushing genocide claims and playing a video he falsely said depicted burial sites for White farmers.
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,
President Donald Trump urged House Republicans to stop negotiating and pass his sweeping filibuster-proof reconciliation bill Tuesday.