It now heads to the GOP-led Senate, where it is likely to change before it reaches Trump's desk. Here are the major provisions in the sprawling package. The centerpiece of the bill is an extension of the 2017 Trump tax cuts, which would otherwise expire at ...

Once the legislation clears the committee, lawmakers plan to vote on it as soon as this evening or tomorrow morning. They can lose only three Republican votes and still get it across the finish line. After that, the bill would be reviewed by the Senate before it can go to the president's desk.

Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.

With just days until Speaker Mike Johnson’s (R-La.) self-imposed Memorial Day deadline, House Republicans are warring over a host of critical issues that threaten to upend the GOP’s plan to pass

According to a 2022 CBO report, the baseline household income for Americans in the lowest tenth of the distribution is $32,200, after taxes and transfers. That figure increases to $444,600 for Americans in the highest tenth of the distribution.