Trump, Medicaid and Tax Bill
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Iowa Republican U.S. Rep. Ashley Hinson was met with a mix of boos and applause from the approximately 100 people in the audience at her town hall meeting in Elkader Wednesday morning.
6don MSN
House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package. Speaker Mike Johnson defied the skeptics within his ranks and muscled President Donald Trump’s priority bill to approval Thursday.
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.
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.
The final proposed 2025-26 spending plan that takes effect July 1 reduces the state’s highest marginal income tax rate to 6% from 6.2%. $35 million for the state Department of Transportation to cover Hurricane Helene expenses; $80 million for the Department of Commerce’s Locate SC program, which prepares sites for development;
Opinion
3hon MSNOpinion
Donald Trump's policies, including tariffs and tax cuts for the wealthy, are impacting America's economy and middle-class families. We are a Democrat and Republican seeking solutions.
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MyHighPlains on MSNSen. Cornyn visits Waco to discuss future of Trump tax cuts with small business ownersU.S. Sen. John Cornyn made a stop in Waco on Tuesday to meet with small business owners and discuss the future of the 2017 Tax Cuts and Jobs Act (TCJA), a signature piece of legislation passed during President Donald Trump’s first administration that is set to expire at the end
Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald Trump’s suggestions.