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Trump’s Tax Cuts
It is big and it is beautiful, says President Donald Trump. But for many Democratic leaders, the tax break and spending cut package adopted by Trump's Republican allies in Congress Thursday represents the key to the Democratic Party's resurgence. Even before the final vote was tallied, Democratic officials were finalising ambitious plans for rallies, voter registration drives, attack ads, bus tours and even a multiday vigil all designed to highlight the most controversial elements of Trump's big beautiful bill: the deep cuts to the nation's safety net that will leave nearly 12 million more Americans without health coverage and millions of others without food assistance, according to the nonpartisan Congressional Budget Office. Indeed, in political battlegrounds across Alaska and Iowa, Pennsylvania and California, Democrats have already begun to use Trump's bill to bludgeon their Republican rivals. Democrats are promising that the package Trump's biggest domestic policy achievement
Senators dived into a contentious late night or all-night debate Friday over a Republican budget plan that's central to President Donald Trump's agenda for trillions of dollars in tax breaks and boosts to border security and defense spending, all while slashing other government spending. It could not have come at a more difficult political moment. The US economy is churning over Trump's vast tariff scheme sent stocks plummeting, and experts are warning of soaring costs for consumers at home and threats of a potential recession. Even some Republicans have expressed concerns. But GOP leaders with a nod from Trump are determined to march ahead, pushing past a hardened line of opposition from Democrats, who are unified as they decry tax breaks for the wealthy at the expense of federal programs Americans rely on. Approval, expected by Saturday morning, would give Republicans the chance in coming months to muscle a tax cut bill through both chambers of Congress, just as they did in ...