The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
Even as President Trump has pointed the Republican party’s tax agenda in a more populist direction, the new law is in many ways the apotheosis of a traditionally conservative, supply-side philosophy.
Senate Republicans used their majority on Monday to set a new budgeting precedent, disregarding longstanding rules affecting which bills can be shielded from a filibuster.
Senate Republicans used their majority on Monday to set a new budgeting precedent, disregarding longstanding rules affecting which bills can be shielded from a filibuster.
A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of final passage in that chamber, where fiscal hawks have said the cost must not grow.
A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of final passage in that chamber, where fiscal hawks have said the cost must not grow.
A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of final passage in that chamber, where fiscal hawks have said the cost must not grow.
A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of final passage in that chamber, where fiscal hawks have said the cost must not grow.
Republican leaders barely scaled a key procedural hurdle to bring up the bill, but Democrats delayed its consideration and it was unclear whether the G.O.P. had the votes to pass it.
Republican leaders barely scaled a key procedural hurdle to bring up the bill, but Democrats delayed its consideration and it was unclear whether the G.O.P. had the votes to pass it.
G.O.P. leaders in the Senate are trying to quickly pass the legislation and send it to the House for final approval in time to meet the July 4 deadline that President Trump has set.
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