House Republicans unveil blueprint to extend $4.5 trillion in tax cuts and lift the debt ceiling
WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump’s top domestic priorities, providing for up to $4.5 trillion in tax cuts and a $4 trillion increase in the debt limit so that the U.S. can continue financing its bills.
To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers
The average borrower's monthly bill could swell to $288 from $95, according to an early estimate by the Institute for College Access & Success.
Quarreling Republicans Float Plan to Cut Taxes, Raise Debt Limit
House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion debt limit, offering a plan that risks rankling quarreling factions in the party.
Republicans Reveal Trump Tax Plan Will Cost US $4.5 Trillion
The Republican House Budget resolution out Wednesday reveals the Ways and Means Committee will get $4.5 trillion to lock in tax cuts, one of President Donald Trump's major proposals. The GOP also seeks an increase in the debt limit by $4 trillion,
House Republicans Release Blueprint for Tax Relief, Spending Cuts After Tense Talks
The Senate is moving ahead with its own narrower plan focusing on border security.
Republicans Finally Reveal How They’ll Pay for Tax Cuts for the Rich
Shocking: Republicans don’t care about fiscal conservatism very much when it comes to funding their—and their rich friends’—agendas. Mike Johnson and House Republicans on Wednesday released their budget plan,
House GOP releases budget calling for trillions in cuts to taxes and spending
The blueprint conflicts with a Senate budget resolution, which doesn't address taxes or the debt ceiling. It also includes ...
US Republicans struggle to find unity on taxes in Trump 'golden age'
Barely a month after predicting a new "golden age" under President Donald Trump, congressional Republicans are struggling to ...
Trump Tax Cuts Could Send Debt Market into 'Meltdown', Investor Warns
Speaking to a client webinar on Friday, Green suggested Trump's proposed tax cuts would cause the American national debt to ...
‘Rosy’ Budget Assumptions Might Increase National Debt Says Think Tank
Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
What is Trump doing - and not doing - to tackle the US debt?
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...
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What can the IRS do to collect unpaid tax debt?
If the tax debt remains unresolved ... For starters, they can file a federal tax lien, which is a legal claim against your property, including personal property, real estate and financial ...
Trump Tax Policies Seek To Push Ambitious Reforms Through Congress
House hearings will commence this week, with Speaker Mike Johnson signaling that legislation could pass the House of ...
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Best tax relief companies of February 2025
Standout benefits: Alleviate works on state and federal taxes in all 50 states and claims to have settled over $400 million in tax debts for its client. Anthem Tax Services is licensed in ...
Even Progressives Now Worry About the Federal Debt
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
Can Your Tax Refund Be Garnished?
While it's common for people to carry debt, if you aren't keeping up payments on it, you can be subject to wage garnishment, ...