In a surprising twist, Elon Musk has publicly condemned President Trump’s massive tax and immigration bill, labeling it a 'disgusting abomination' that threatens to increase national debt. This bold statement complicates the GOP's efforts to pass the legislation, which has already faced backlash from conservatives.
Elon Musk has made headlines by calling Trump's tax bill a 'budget-busting abomination', igniting a fierce debate among Republicans as the president pushes for its passage.
Sen. Joni Ernst faces backlash after flippant comments on Medicaid cuts and death. Her Instagram apology from a cemetery raises eyebrows, as critics call her remarks cruel and un-Christian.
As U.S. Treasury yields reach a new 18-month high, investors are anxious about the potential impact of Trump's tax bill on the economy. With a downgrade from Moody's and a weaker dollar, many are looking to diversify their investments.
The new tax bill proposed by Republicans aims to maintain individual tax rates while increasing the standard deduction and child tax credit. However, it faces criticism over potential cuts to social services and the impact on low-income families.
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.
U.S. markets experienced a sharp sell-off as rising Treasury yields and fears of ballooning national debt spooked investors. With the S&P 500 and Dow Jones falling, the economic outlook looks grim as the Trump tax bill could worsen the fiscal situation.
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 One Big Beautiful Bill Act proposed by Trump promises tax cuts but reveals a stark divide between high earners and low-income households. Discover the winners and losers in this controversial legislation!
A Republican effort to pass Trump's ambitious tax bill faces significant obstacles as hardline conservatives demand deeper Medicaid cuts. With a procedural vote looming, tensions rise within the GOP.