GOP TAX PLAN
Under Trump's 'big beautiful bill', 15 million Americans to lose their health care coverage? Check details
Donald Trump's 'Big Beautiful bill' will now advance to the Senate. While Republicans defend Medicaid cuts for tax breaks, Trump claimed no meaningful cuts, but reports project millions losing coverage. Speaker Mike Johnson has come out in defence of the bill and insisted work requirements won't cause loss of coverage unless people choose.
Elon Musk steps down from Trump team after criticising ‘big or beautiful’ spending bill, thanks President for opportunity
Elon Musk has officially ended his role in the Trump administration after criticising President Trump's “big beautiful bill”, a major legislative proposal combining tax cuts with increased immigration enforcement. Musk, who led the Department of Government Efficiency (DOGE), voiced concern that the bill increased federal spending and contradicted his mission. His departure marks the end of a controversial stint in government, during which he aimed to cut waste and bureaucracy. Musk now plans to return full-time to Tesla and SpaceX while scaling back his political involvement.
MAGA mutiny: Republican senators break ranks with Trump over Big, Beautiful Bill, vow to vote against it
Some Republican Senators are unhappy with Trump’s new Big Beautiful Bill. They say it spends too much and adds to America’s debt. Senator Ron Johnson is leading the pushback, saying it’s not good for conservatives and won’t help fix the money problem.
'Send this bill to my desk AS SOON AS POSSIBLE': Trump hammers Democrats as he takes 'big, beautiful bill' victory lap
The United States House of Representatives approved Donald Trump's spending and tax cut plan. House Republicans passed the bill after a scramble to gain support. The bill now goes to the Senate. Trump thanked GOP leaders and lawmakers. The bill includes tax cuts, border security measures, and changes to Medicaid. It also eliminates taxes on tips and overtime pay.
U.S. stock market update - Modest gains amid fiscal concerns – Wall Street rebounds as Dow, S&P 500, and Nasdaq rise: Top gainers, losers, investor picks, and caution ahead
US Stock market today opened with a cautious rise as Dow, S&P 500, and Nasdaq futures edged up while investors closely track Trump’s new tax bill and rising debt worries. The proposed legislation, which could add trillions to the $36 trillion deficit, faces a tight House vote. Meanwhile, bitcoin hits a new record, soaring past $111,000, driven by growing institutional demand. As Moody’s credit rating downgrade adds pressure, traders are also watching key economic data, including PMI reports and jobless claims. This mix of political tension and crypto excitement is setting the tone for a volatile market session.
Republicans proposing nearly $1 trillion in cuts to Medicaid and food stamps. Will you be impacted?
House Republicans are proposing significant cuts to Medicaid and SNAP, totaling nearly $1 trillion, to advance President Trump's policy goals. These cuts could lead to millions of Americans losing access to critical benefits, shifting costs to states and potentially impacting hospitals and local economies. The proposed changes include stricter work requirements and reduced federal funding.
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Inside key components of Trump’s ‘big, beautiful’ bill passed by House: All you need to know
The US House of Representatives has passed a wide-ranging tax and spending bill backed by President Trump. The legislation, which passed with a vote of 215-214, will still need Senate approval. Trump's 'big, beautiful bill' was passed after Republicans in the U.S. House of Representatives came together. The megatax cut bill eliminates levies on qualified tips, overtime pay, and car loan interest payments
US House Rules Committee clears Trump's big tax-cut bill
The US House Rules Committee has approved President Trump's tax-cut bill, advancing it towards a full House vote amidst political contention. Senate Republicans narrowly passed their framework of tax breaks and spending cuts, facing Democratic opposition and some GOP dissent.
How will Trump's 'big, beautiful bill' impact lowest-income households and wealthy people in the US? Check details
Donald Trump's 'Big, Beautiful bill' passed a key hurdle in the House. Republicans were divided over the bill's impact on the national debt. The bill extends Trump's tax cuts and increases military and border security spending. Democrats criticized the bill for favoring the wealthy and harming low-income households. The bill includes tax breaks and increased standard deductions.
When will Trump's 'Big, beautiful Bill' be passed?
President Trump urged House Republicans to unite behind his tax and immigration bill, despite concerns over its $3.8 trillion deficit impact. The bill extends Trump's 2017 tax cuts, introduces new tax breaks, and proposes cuts to safety net programs and green energy incentives. It also allocates significant funding for defense and border security, including resuming border wall construction.
'Don’t f*** around with Medicaid': Trump's stern warning to Republicans in latest ‘big beautiful bill’ drama
President Donald Trump on Tuesday warned House Republicans, “Don’t f--- around with Medicaid,” as he pressed them during a closed-door meeting to pass a major tax bill. President Trump's blunt message came during a visit to Capitol Hill. Trump’s Capitol Hill visit comes less than 24 hours before Johnson wants the House Rules Committee to meet and finalize the bill for a floor vote.
Elon Musk, once Trump's 'first buddy', is done with political donations after THIS major setback
Elon Musk said he plans to cut back on political spending, saying he has “done enough". The comments come just a few weeks after he said he would step back from leading the controversial White House effort to slash federal spending, commonly called Doge. Elon Musk's last big spend on a political campaign was in Wisconsin and it was a big flop.
If this happens, Donald Trump and the Republicans could add to the mounting U.S. debt and a worsening fiscal outlook; here's all about it
A Republican-backed tax and spending bill is generating significant apprehension among Wall Street experts and economists due to its potential to inflate the national debt. The proposed bill, an attempt to renew the 2017 Tax Cuts and Jobs Act, could cost the US $3.8 trillion over the next decade, prompting Moody's to lower the US debt rating.
'He's finished, gone and people hate him': Trump has wiped Elon Musk’s name from Truth Social
Elon Musk's influence within the Trump administration seems to be waning, marked by a decline in mentions from the President Donald Trump on Truth Social and reduced visibility at White House briefings. This shift coincides with Musk's DOGE role ending soon and a significant political setback in the Wisconsin Supreme Court race, despite his heavy financial investment. Is the career of Elon Musk over?
Trump's 'one big, beautiful bill' offers $1k for newborns, immigration and tax cuts: 10-point explainer
President Trump's 'One, Big, Beautiful Bill Act' aims to reshape American policy through tax cuts, stricter immigration measures, and increased defense spending. The bill faces opposition despite narrowly clearing a House committee. It proposes making the 2017 tax cuts permanent, ending taxes on tips, and increasing military and border security funding, while also cutting federal spending and revising asylum policies.
Charting the global economy: US, China forecasts improve on tariff truce
Elsewhere, global economic developments include job cuts in Britain and potential clashes in Saudi Arabia's investment ambitions.
Trump's 'big, beautiful' bill stalled as GOP conservatives block budget committee vote
In the United States, House Republicans faced a setback. Their tax and spending bill did not move forward. Some Republicans joined Democrats to vote it down. The bill had provisions from Donald Trump's economic plan. Conservatives wanted deeper spending cuts. New York Republicans sought larger tax breaks. Democrats criticized the bill as detrimental.
Will Donald Trump's Medicaid Bill leave 74 million Americans without health care? Here's what Democrats claim
Democrats are expected to rally opposition around the anticipated health care fallout. For them, the message is clear: Trump’s Medicaid bill, if enacted, risks leaving millions without the medical safety net they now depend on.
Donald Trump may increase Americans' take-home pay by up to $5,000, but investors are worried; here's why
Trump tax cuts plan is back in the spotlight as Donald Trump pushes a $6 trillion package he calls a “big, beautiful bill.” With promises to boost workers' income and eliminate taxes on tips, the plan may also raise national debt, shake up markets, and test investor confidence. Experts warn the tax cuts could trigger inflation, increase borrowing costs, and put America’s financial credibility at risk. As Republicans debate how to fund it, this major economic gamble could either revive or wreck the U.S. economy.
Massive tax deductions coming? Can Republicans convince Donald Trump administration?
Tax deduction has become a talking point after Donald President took over the Presidency in January.
Trump revives, then discards, then revives again idea of taxing rich in big GOP bill
Donald Trump seems to waver on raising taxes for the wealthy. He fears political backlash, recalling George H.W. Bush's broken promise. Trump suggests Democrats might criticize any tax increase, even on the rich. Republicans are working on a tax bill. Trump previously discussed higher taxes on those earning over USD 2.5 million.
From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals
Across the U.S., state lawmakers have introduced numerous anti-China proposals this year, restricting public funds from being used on Chinese technology and goods. These measures target sister-city relationships and aim to prevent government agencies from utilizing Chinese products.
Touching his support base? Donald Trump may hike taxes on these Americans, most of whom have been his supporters
Donald Trump tax hike plan is sparking new debate as the President considers raising income taxes on Americans earning over $1 million annually — a group that includes many of his core supporters. This shift could help fund middle-class tax cuts and large national projects, but it's also causing tension within the GOP. Trump’s strategy may reshape his image and messaging.
60,000 Americans to lose their rental assistance and risk eviction unless Congress acts
A federal program offering rental assistance to nearly 60,000 families and individuals, including domestic violence survivors like Daniris Espinal, faces imminent funding depletion. Launched in 2021, the Emergency Housing Vouchers program is expected to run out of funds by the end of next year, potentially leading to widespread evictions and a return to homelessness or abusive situations for many.
Republicans approve budget framework for Trump's 'big, beautiful' bill after intense wrangling sways GOP holdouts
House Republicans narrowly passed their budget framework after Speaker Mike Johnson secured support for trillions in tax breaks contingent on significant spending cuts. Johnson, alongside Senator John Thune, committed to seeking $1.5 trillion in federal program cuts. The 216-214 vote advances President Trump's agenda of tax cuts and reduced government size.
Rattled donors, edgy MAGA: Behind Trump's 90-day pause
US President Donald Trump's tariff policies triggered global market turmoil, raising recession fears and straining international alliances. After initially imposing sweeping tariffs, Trump paused them for 90 days, focusing on a trade showdown with China. This decision followed market volatility, pressure from donors, and concerns from Republican lawmakers, reflecting the economic and political fallout from his trade strategy.
After ‘Hands Off’ protest, massive nationwide anti-Trump demonstrations planned for April 19 across all 50 states; here who's organizing them and what you need to know
Following the massive "Hands Off!" protests on April 5th, the grassroots group 50501 is organizing another nationwide demonstration on April 19th. Protesters in all 50 states are urged to rally against the Trump administration's policies, aiming to mobilize over 11 million people for "sustained resistance." The movement, known for its slogan "50 protests. 50 states.
Senate GOP approves framework for Trump's tax breaks and spending cuts after all-night session
Senate Republicans pushed forward with their tax cut and spending reduction plan despite Democratic opposition and economic concerns, passing a significant framework by a 51-48 vote. The plan includes $4.5 trillion in tax breaks and $2 trillion in budget cuts, facing potential hurdles in the House. Some bipartisanship emerged, particularly regarding protections for Medicaid and Social Security.
Republicans sound the alarm on Donald Trump’s tariff gamble as Rand Paul warns it could cost them Congress for another 60 years
Donald Trump’s tariffs spark GOP panic as Republicans fear his latest trade policy could backfire, both economically and politically. With past tariff disasters in mind, GOP leaders worry voters will turn against them in 2026. Recent election losses and economic concerns add to their anxiety. Can Trump’s trade gamble pay off, or will history repeat itself? As tensions rise within the party, many question whether his aggressive approach will cost them Congress. With voter confidence wavering, the stakes are higher than ever.
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