Trump, Senate and One Big Beautiful Bill
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"There is a serious risk of a bond market crisis that could lead to a wider financial crisis," one economist said of the bill.
Despite its passage in the House, the “big, beautiful bill” faces an uncertain future in the Senate, where some Republicans have expressed concerns about proposed Medicaid cuts and
President Trump's domestic policy bill, dubbed the One Big Beautiful Bill Act, was passed by the House of Representatives in a 215-214 vote early Thursday morning. The vote comes after days of negotiations among legislators.
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee introduced
The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.
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The text of the Big, Beautiful Bill states that the federal government will "propose for each year the following registration fee" of $250 for a covered electric vehicle and $100 for a covered hybrid vehicle.
Trump Accounts would be a boost for all children, experts say. Saving early and allowing compound growth do its magic is key.
America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.
As it stands now, the bill would increase the amount of money Louisiana receives from offshore oil and gas production — revenue that must be used for coastal protection and restoration.
The bill lowers the age of dependents from under 18 to under seven years old, but only in the context of Supplemental Nutrition Assistance Program.