EYES ON THE SENATE

EYES ON THE SENATE

WASHINGTON

Eyes on the Senate

The Senate set an ambitious timeline for passing President Donald Trump’s sweeping legislation to cut taxes and spending. But getting it on the Republican president’s desk by July 4 will require some big decisions, and soon.

Trump warns of 68% tax hike if budget bill fails. Not true, say experts

Think tanks say the tax might rise by 7.5 percent if the ‘Big Beautiful Bill’ does not pass, rejecting Trump’s claims.

Thune says Trump tax promises not on ‘big, beautiful bill’ chopping block

Senate Republicans are not planning drastic changes to the White House’s tax priorities despite talk of stripping them out of President Donald Trump‘s “big, beautiful bill.” Senate Majority Leader John Thune (R-SD) said Tuesday that he expects “no tax on…

Treasury chief says 'remains to be seen' if Trump tax bill will add to $36T national debt

Treasury Secretary Scott Bessent recommended there might be a possibility that President Donald Trump’s “one huge, lovely expense” might contribute to the $36 trillion nationwide financial obligation. Bessent appeared before your house Ways & & Method Committee on Wednesday, a hearing that Democrats utilized to hone their attacks versus Republican politicians’ enormous Trump program expense. At one point, Rep. Terri Sewell, D-Ala., asked Bessent…

Will Trump tax cuts benefit farmers?

While most producers want lower taxes, the “big, beautiful bill” could blunt benefits.