Donald Trump, U.S. House and Beautiful Bill
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The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
WASHINGTON – President Donald Trump 's sweeping tax and policy bill that would change Americans' everyday lives has cleared one big hurdle after several marathon days of negotiations in the U.S. House and an assist from the president himself. But the 1,000-plus-page legislation is still a long way from becoming a law.
1don MSN
Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates,” said the fourth-highest-ranking House Democrat.
The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.
Trump's 'big, beautiful' bill passes House. Here's what's next for child tax credits, no tax on tips
Trump backed spending bill narrowly passes through the House in May 21 vote. Here's the latest on no tax on tips, overtime and more.
Former Speaker Newt Gingrich (R-Ga.) pressed Senate Republicans to advance President Trump’s “big, beautiful bill,” which the House passed earlier this week. Gingrich said that GOP senators have “every right” to formulate their version of the president’s mega bill,