Reported 1 day ago
Senate Republicans have introduced a budget plan to expedite the renewal of President Trump's tax cuts and raise the nation's debt limit, ahead of a vote later this week. The proposal includes a $4 trillion extension of tax cuts and an additional $1.5 trillion in reductions, with the debt ceiling potentially increasing by up to $5 trillion. While the plan has Trump's backing, Democrats criticize it for favoring the wealthy and threatening social welfare programs. The Senate is preparing for a vote, with key negotiations on spending cuts still to come.
Source: YAHOO