Trump, Tax Cut and senators
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Associated Press |
The White House is sending mixed messages on tariffs as it pursues conflicting goals, and Senators on Capitol Hill are responding to concerns over tariffs and volatile markets.
Seattle Times |
Conservative Republican holdouts are stalling action on President Donald Trump’s “big” bill of tax breaks and spending reductions, refusing to accept a Senate GOP budget framework approved over the we...
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Raw Story on MSNTrump tells GOP senators he's mulling big tax changes — raising them: reportPresident Donald Trump told Republican senators he is open to major tax changes — raising tax rates on high-earning Americans, according to Semafor. The comments came last week during a sitdown on his agenda with Senate Budget Committee Republicans.
But now, it seems, House conservatives are ready to make a stand. Speaker Mike Johnson is staring down the most significant internal revolt he’s faced all year — one that threatens his own plans to advance the Republican legislative agenda and one that even President Donald Trump has been so far unable to squelch.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP mood grows darker on as markets give up gains Glimmers of
1hon MSN
Congressional Democrats are taking steps to force their Republican colleagues to choose between backing President Donald Trump and reining in his economic policy amid mounting fears of a global recession.
If Democrats don't join Republicans in supporting reforms to entitlement programs, those programs could "blow up," Senator Tommy Tuberville said.
Rep. Don Bacon is set to introduce legislation in the House on Monday that would give Congress more control over tariffs, as some Senate Republicans have backed that chamber’s version of the bill.
Republicans are growing anxious about an emerging Texas primary engulfing one of their longest-serving senators, fearful that a hugely expensive intraparty feud will have major ramifications across the map in next year’s midterms.
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.