House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, along with significant spending cuts and reforms for key federal programs.

Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending bill that’s now headed to the Senate for a vote.

The multitrillion-dollar GOP tax bill would have detrimental impacts on sustainability efforts in the U.S., according to experts.

House Democrats’ campaign arm argued that President Trump’s One Big Beautiful Bill Act, which passed through the House of Representatives on Thursday, will cost House Republicans the majority in

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers would still report their tips and claim the deduction when filing their taxes, rather than having tips automatically excluded from taxable income.

House Republicans narrowly passed President Trump's budget megabill. But the legislation still faces a rocky road in the Senate, where multiple GOP lawmakers are calling for significant rewrites. Susan Glasser,

Republican holdouts appear to have a deal with House GOP leadership to advance President Donald Trump's sweeping tax policy bill. The legislation will be tweaked to move up the implementation of Medicaid work requirements from 2029 to December of 2026;