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Trump's big beautiful bill gets crucial vote to move on. What to know about reconciliation bill details: no tax on tips, overtime or Social Security.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s ‘big, beautiful bill’ heads for next House hurdle
The Budget Committee met late Sunday night to vote on the reconciliation package that failed on Friday after fiscal hawks revolted against Medicaid provisions.
P resident Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn. Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade.
House Republicans barely managed to advance President Trump’s “One Big Beautiful Bill Act” Sunday evening, but some of the same lawmakers who made that happen insist they still have issues with the massive measure.
House Republicans advance a bill from the Budget Committee to the Rules Committee, facing challenges on green energy, Medicaid and SALT before a vote.