The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
The 549-page measure, released by the Senate Finance Committee, outlines changes to Medicaid that would be far more aggressive than the version passed in the House, making millions more Americans subject to a work requirement.
The former Republican congressman and auctioneer also had a brief career selling tax credits, including one that the I.R.S. said did not exist and another it said was rife with fraud.
The former Republican congressman and auctioneer also had a brief career selling tax credits, including one that the I.R.S. said did not exist and another it said was rife with fraud.
Billy Long, a former Republican congressman from Missouri and President Trump’s nominee to head the Internal Revenue Service, during a hearing on his nomination last month.
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.
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.
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.
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.
Senator Jacky Rosen, Democrat of Nevada, made a successful, if largely symbolic, bid to have the Senate unanimously approve a version of President Trump’s “no tax on tips” proposal.
The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or lack jobs.
The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or lack jobs.
Electricity demand is surging for the first time in decades, partly because of data centers needed for A.I., and power companies are already struggling to keep up.
The president is pressing Republicans in the Senate to unite quickly behind sprawling legislation that carries his domestic agenda, but the measure’s opponents have a powerful new ally: Elon Musk.
The president is pressing Republicans in the Senate to unite quickly behind sprawling legislation that carries his domestic agenda, but the measure’s opponents have a powerful new ally: Elon Musk.
Senator Rand Paul of Kentucky is part of a group of Republican senators agitating for deeper spending cuts in a bill carrying President Trump’s domestic agenda, noting that it is projected to balloon federal deficits.
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