U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | Reuters How to read this guide Follow along from start to finish, or use the table…
As Congress was approving President Trump’s “big, beautiful bill” on Thursday, the Social Security Administration touted the legislation by stating that it “eliminates federal income taxes on Social Security benefits for most beneficiaries.” That claim, which echoes previous promises by Mr. Trump to remove taxes on Social Security, may have come as welcome news for the millions…
Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House of Representatives waits to vote on President Trump’s “big beautiful bill” reconciliation package on July 3, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images A massive package of tax cuts championed by President…
A view of the US Capitol in Washington, DC, on June 30, 2025. Jim Watson | Afp | Getty Images The wealthy will likely see a host of new tax breaks in President Donald Trump’s “big beautiful bill,” along with permanent extensions of many of the 2017 tax cuts, according to tax experts. Taxpayers earning…
Senate Majority Leader John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham (R-SC), speaks to reporters after the Senate passed President Trump’s reconciliation package on July 1, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Tax cuts are the centerpiece of a massive legislative package…
US President Donald Trump gestures towards the new flagpole on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Saturday, June 21, 2025. Ron Sachs | Bloomberg | Getty Images President Donald Trump is set Thursday afternoon to host a group of working-class Americans at the White…
RNC Chair Michael Whatley says forgiveness is “absolutely essential” in politics – CBS News Watch CBS News Republican National Committee Chair Michael Whatley joins “The Takeout” to discuss the first four months of President Trump’s second term, the GOP budget bill and more. Be the first to know Get browser notifications for breaking news, live…
U.S. Speaker of the House Mike Johnson (R-LA) speaks to the media after the House narrowly passed a bill forwarding President Donald Trump’s agenda at the U.S. Capitol on May 22, 2025 in Washington, DC. Kevin Dietsch | Getty Images House Republicans on Thursday advanced a multi-trillion-dollar tax and spending package that could have sweeping…
WASHINGTON — House Republican leaders faced a last-minute revolt Wednesday by members of the party’s hardline conservative faction, who opposed their latest attempt to win support from moderate members of the conference for President Donald Trump’s “big, beautiful” tax bill. As a pivotal meeting of the House Rules Committee entered its sixteenth hour after starting…
