Musk Criticizes Trump Tax Bill
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The House votes in favor of "big beautiful bill." If bill passes Senate, some will see tax cuts and millions could lose Medicaid coverage.
Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping deregulation that he says will expand America’s economy. He has fashioned his steep, worldwide tariffs as a political cudgel that will raise money, encourage more domestic manufacturing and improve U.S. trade relationships.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story How Trump’s big bill could affect your taxes President Trump’s
Legislation working its way through Congress to codify President Trump's tax cuts would also make big cuts to Medicaid if it is passed. We look into what the bill proposes, and what the impacts would be.
While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile onto its spiraling mountain of debt because of its desire to cut taxes.
Voters will be asked in November to approve raise the exemption from $100,000 to $140,000 for all homeowners and to $200,000 for Texans with disabilities
Conservative frustrations are boiling over Congress’ lack of action to codify spending cuts pursued by President Trump’s Department of Government Efficiency (DOGE). Tech billionaire Elon Musk —
The initiative aims to measure if lower taxes could drive higher employment as Norway's government explores ways to boost participation in the labor market.