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House gives Trump a win as his big tax bill overcomes weeks of tense negotiations
The so-called "One Big, Beautiful Bill" overcame thin Republican majorities and weeks of tense negotiations, just meeting the president's self-imposed Independence Day deadline. Congressional correspondent Lisa Desjardins takes us through the policy and politics of the GOP's signature bill.
The Congressional Budget Office estimated that it will add $3.3 trillion to the deficit over the next ten years. Elon Musk, ...
It was a dramatic day in the House, where President Trump's massive tax cut and budget bill is currently in limbo.
The House bill also extends the $2,000 Child Tax Credit, which otherwise would revert to its pre-Tax Cuts and Jobs Act level of $1,000 per eligible child starting in 2026.
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