House Republicans brimming with enthusiasm for another party-line tax and spending bill, but Speaker Mike Johnson faces a challenge replicating the success of the "One Big Beautiful Bill" https://t.co/6SydsdT2gj ...

Here is what President Donald Trump's massive tax and spending bill could mean for the U.S. economy and your finances. https://t.co/ooo2tQ4FAW ...

Legislation & Policy - A sprawling tax and spending bill is nearing a final vote after sleepless nights and a record-setting floor speech on Capitol Hill [1]

Government Policy & Legislation - A tax and spending bill passed the Senate with a slim margin and is heading back to the House of Representatives [1] - Speaker Mike Johnson needs to convert a few "no" votes to "yes" votes to pass the mega bill in the House [2] - Johnson can only afford to lose three Republican votes in the House, assuming full attendance [2] - The bill adds over $34 trillion (3.4% trillion) to the debt over the next 10 years, according to the Congressional Budget Office [3] - The Senate measure allows wind and solar programs to receive tax credits if construction begins within the next year [4] - Johnson aims to address concerns and deliver the Senate-passed bill to Trump's desk before July 4th [6] Political Concerns & Negotiations - Roughly a dozen House members are either planning to vote no or have serious concerns about the bill [2] - Some centrist Republicans fear reelection losses due to Medicaid and SNAP cuts [2] - Fiscal hawks are frustrated by the bill's contribution to the national debt [3] - Some members are annoyed that clean energy tax credits remain in the bill [4] - There is skepticism that Republicans will agree to a procedural rule vote [5] - If the House amends the bill, it must return to the Senate, potentially delaying the timeline [8] - Negotiations may involve non-textual concessions to secure votes [10] - The role of Trump and the White House in influencing the vote is being closely monitored [11]

Senate Republican leaders continue to scrounge for votes to pass Donald Trump’s $3.3 trillion tax and spending bill as lingering intraparty fights threaten to upend the legislative centerpiece of his domestic agenda https://t.co/lhTIznRBnb ...

Tax and Spending Bill - The administration aims to pass the tax and spending bill, potentially leading to significant economic changes [1][2] - The Congressional Budget Office (CBO) estimates the Senate bill will increase the deficit by $33 trillion (3300 billion) from 2025 to 2034, a figure the National Economic Council Director disagrees with [3][4] - The administration projects that achieving 3% growth, instead of 18% (1.8%), would add $4 trillion to revenue, potentially making the bill a deficit reducer [4] - The administration plans to send discretionary spending cuts to the Senate, potentially amounting to $160 billion this year [5] Economic Growth and Impact - The administration believes the bill relies on the economy moving up to 3% growth, driven by factors like no tax on overtime for 90 million American hourly workers [6][7] - The Council of Economic Advisers projects the bill will increase income for the typical American family by $10000 [8] Energy Policy - The administration supports an "all of the above" approach to energy production, including coal, natural gas, oil, and nuclear, to support AI and other sectors [10][11] - The administration prioritizes grid security, suggesting that solar and wind energy must pass a market test and not compromise grid reliability [15] Trade and International Tax - The administration expects digital services taxes around the world to be removed as part of ongoing trade negotiations [20] - The G7 countries have agreed not to have the so-called pillar 2 tax (global minimum tax) [21] - The administration has double-digit trade deals with frameworks nearly agreed to, with potential tariff rate adjustments to be determined [23]

And then the 30 years at 481. >> Meantime this all against the backdrop of what's happening in Washington. The Senate set to begin what's likely to be a long series of amendment votes on President Trump's tax and spending bill comes after a near constant weekend of work for lawmakers.Emily Wilkins joins us with the latest. And there was a lot of drama. >> There was a lot of drama, Andrew.But at this point, the Senate is could vote on that Trump mega bill as early as today. They are at that point so long, of ...

Senate Majority Leader John Thune is working to pass President Donald Trump's tax and spending bill by July 4, but is facing opposition from around eight Republican senators https://t.co/WsQ4qjJ8iG ...

Speaker Mike Johnson says Republicans are on track to pass President uh Trump's tax and spending bill by a July 4th deadline, but the House and Senate are still facing challenges over potential changes to the bill. Join us now, former House Speaker Kevin McCarthy. Uh he's the uh he's the chairman of the Alpha Institute.Walked in here whistling with so I mean he's in such a good mood. It's like he's always happy. Come on.Great to be an American years ago. number and and Becky immediately said, "Well, you're ...