As the Senate prepares to vote on a key piece of the president’s domestic agenda, prominent critics, including Elon Musk, are speaking out.
Category: Senate
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Republicans Prepare to Open ‘Pandora’s Box’ of Budget Gimmicks
With the broad tax and health care bill they are now trying to muscle into law, Senate Republicans are preparing to upend Washington’s accounting standards.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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Some Republicans Join Democrats in Unease Over White House Budget Cuts
President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse.
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Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
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Senate Passes Cryptocurrency Bill, Handing Industry a Victory
The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.
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House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.
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Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
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G.O.P. Senators Want Fewer Cuts to Food Aid, Teeing Up a Fight with the House
Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with huge costs and harm low-income children.
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Senate Republicans Want to Trim Some of Trump’s Populist Tax Cuts
G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the sprawling domestic agenda bill passed by the House.
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Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts
There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.
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Trump’s Pledge to Not Tax Overtime Could Become Federal Law
Once a seemingly offhand remark at a campaign rally, President Trump’s pledge to not tax overtime could become federal law.