Trump’s massive tax and spending bill clears hurdle to advance to House vote in coming hours

Republicans have been deeply divided over the bill which would extend Trump’s 2017 tax cuts by tightening eligibility for food and health programs The Republican-controlled House of Representatives will attempt to pass President Donald Trump’s massive tax and spending bill in the pre-dawn hours of Thursday, following weeks of intra-party divisions of how deeply to cut spending.The bill cleared an important procedural hurdle in the House on Wednesday evening, when a gatekeeper committee approved the measure and set up a floor vote for passage to occur within hours. Shortly before midnight in Washington, the full House reconvened to consider Trump’s so-called “big, beautiful bill”, opening the floor for debate and a series of procedural votes. Continue reading...

Comments

Business News

Express

Comments

Similar News

Wall Street and Main Street are split on Trump’s chaos

New York Times editor Joe Kahn defends publishing Trump story every half hour

How Trump made a 30% tariff feel like a relief

Raising ethics questions, top Trump meme coin investors to dine with president tonight

Kenyans worry a US duty-free trade deal might end and expose them to Trump's tariffs

Crypto industry saw Trump as a champion, now fear he's putting personal profits first

Here's the late changes Republicans made to Trump's big bill

How Trump is making coin from $TRUMP coin

President Trump vows to turn the Kennedy Center around, remake arts and culture in America

Trump's 'beautiful' bill spans more than 1,000 pages. Here's what's inside it

Saying Trump exceeded his authority, 12 states ask court to strike down his sweeping tariffs

How the idea for a Trump Tower in Damascus was born

Paramount infighting stalls Shari Redstone’s push to settle $20B Trump suit: ‘Decision constipation’

US stocks drop as Trump’s ‘big, beautiful’ tax bill faces rare overnight hearing

Are Corporate Crime Victims And The Trump Department Of Justice On A Collision Course?—What Companies Should Know.

Trump Organization Enters Vietnam With $1.5 Billion Golf Resort Project Near Hanoi

Urban Outfitters is changing its timeline for fall fashion because of Trump's tariffs

Democrats let 'no tax on tips' pass the Senate. That doesn't mean they actually back Trump's campaign promise.

Here's how many tanks, aircraft, and soldiers are joining the huge Army anniversary parade on Trump's birthday

Big Law firms double down on their Trump deals in letters to Congress

Business News

HMRC confirms huge income tax change

Pension savers warned of 'major' issue that could cost them in retirement

Martin Lewis pushes for Winter Fuel Payment to pensioners on these council tax bands

HMRC issues update as some Child Benefit payments to change

HMRC confirms payment change for £104 benefit before Monday

Calls for tax-free State Pension gather pace as retirees near threshold

Rachel Reeves Winter Fuel U-turn sparks hopes of wider reversal to benefit cuts

Lloyds Bank warns of new scam quietly draining accounts with 'continuous payments'

Come back to the office or risk bonus cuts, HSBC staff told

Midweek office work returns to pre-Covid levels, says major landlord

Huge bargain retailer with 178 shops to shut five sites starting in days – is your local on the list?

Popular Hong Kong restaurant that’s famous for its ‘delicious’ menu to open first UK site

Major building society to make big change to 58 savings accounts in weeks

Almost 400,000 households in arrears as energy debt increases, research shows

TSB, First Direct, NatWest, and Coop Bank offering up to £175 for account decision

Income tax changes to start next year confirms HMRC

State Pension and Universal Credit claimants face imminent DWP payment change

Six million Brits set to receive 'shock' tax bill

Poundland expected to be sold by owner Pepco by September

easyJet to reopen Newcastle base five years after Covid closure

BT sees earnings holding firm amid mammoth cost-cutting drive

Downturn across UK firms stretches into May despite tariffs respite

Oil and gas workers face ‘unjust transition’ with no plan, commission warns

Update on the future of Poundland as 200 stores face closure as three shut in days

Huge boost for summer holidays as pounds rises to highest level in THREE years – what it means for your wallet

Discontinued Mars chocolate coming to back to UK shelves in weeks after 11 years

Award-winning restaurant shuts with NO explanation in heart of seaside town leaving customers ‘absolutely gutted’

HMRC collects £780m in just one month of inheritance tax

Top Seed Jessica Pegula Stunned By Anna Kalinskaya At Strasbourg Open

DC Thomson promotes chief brand officer Ella Dolphin to deputy CEO

Ex-Mirror editor Alison Phillips on true crime, the future of tabloids and positive news

News diary 12 – 18 May: New pope inaugurated, Diddy trial begins, Rushdie attacker sentenced

News diary 19-25 May: Matt Hancock at Covid inquiry, Gary Lineker’s last Match of the Day, Google I/O

Andrew Norfolk’s ‘legacy lives on in every child protected and victim heard’

‘The algorithm is a beast’: Editing for social media at Ladbible, Joe and Metro

How The Economist is building engagement to reduce subscriber churn

BBC reveals plan to expand Local Democracy Reporter coverage areas

The new skills journalists need in the era of generative AI

New York Times editor Joe Kahn defends publishing Trump story every half hour

Asian shares slip as worries about U.S. debt send Wall St tumbling

Here's the late changes Republicans made to Trump's big bill

Kenyans worry a US duty-free trade deal might end and expose them to Trump's tariffs

Crypto industry saw Trump as a champion, now fear he's putting personal profits first

Senate clears way to block clean air standards in California, including vehicle emission rules

The five M&S foods to try and the ones to avoid, according to a shopping expert

All-new Cadbury Dairy Milk flavour launching in major retailers in days and it’s perfect for coffee lovers

Big money app with 600,000 customers issues warning ahead of introducing new fee in DAYS

Slade Cecconi Steps Up In Cleveland Guardians’ Rotation

British And Irish Lions Prop Ellis Genge Is Ready For Business

AI That Attains Artificial General Intelligence Could Vastly Lift Our Search For Extraterrestrial Life

Urgent 'do not eat' warning issued as milk pulled from shelves due to deadly bacteria

Lidl shares best time to shop ahead of opening time shake-up this bank holiday

Tradition and change intertwine to create beauty at a century-old arboretum

President Trump vows to turn the Kennedy Center around, remake arts and culture in America

Trump's 'beautiful' bill spans more than 1,000 pages. Here's what's inside it

'Money does no good in a bank': World Central Kitchen's Jose Andres urges donors to give more

Bloomberg terminal outage delays European stock trades