In a high-stakes vote, House Republicans are trying to pass Trump's massive tax and spending bill, which faces significant intra-party divisions and opposition from Democrats. The bill aims to extend tax cuts while adding trillions to the national debt.
The latest U.S. Treasury auction of 20-year bonds faced weak demand as fears over rising national debt and a contentious tax-and-spending bill grow. Investors are increasingly worried about fiscal responsibility amidst economic uncertainty.
As President Trump negotiates a controversial tax and spending bill with House Republicans, tensions rise within the party. The proposed legislation faces opposition from both budget hawks and tax-cut proponents, raising questions about its future.
The House Budget Committee narrowly approved President Trump's tax and spending cuts bill, setting the stage for contentious votes ahead. Hardliners express cautious optimism but demand more changes.
In a surprising turn of events, House Republicans' ambitious tax and spending bill faces defeat in the Budget Committee. Conservatives demand deeper cuts, putting President Trump's agenda at risk as negotiations heat up.
The Senate begins action on Trump's $4.5 trillion tax and spending bill amid economic uncertainty. Democrats oppose the plan, arguing it benefits the wealthy at the expense of essential services.
