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Billionaires Set to Gain From Trump-GOP Tax Law Extension

Summary by Sludge
🏦Share this on Bluesky or XJust before 7 a.m. on Thursday, House Republicans narrowly passed a “megabill” stuffed with items in their domestic policy agenda, extending the GOP’s 2017 tax cuts weighted toward the wealthiest while slashing spending on Medicaid and food stamps. Over the next few weeks, the Senate plans to revise the multitrillion-dollar legislation and volley it back to the House, which can then approve the changes and send it to …

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Sludge broke the news in on Friday, May 23, 2025.
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