Senate Passes GOP Tax Bill Amid Economic Concerns

Reported about 12 hours ago

The Senate has passed a comprehensive GOP tax and spending package before President Trump's July 4th deadline, despite growing resistance from fiscal conservatives. The 900-page bill aims to extend individual tax rates, shift focus toward fossil fuels over green energy, and potentially lead to 11 millionAmericans losing health insurance. Economists are closely watching provisions related to business tax credits and the anticipated impact on various market sectors, with mixed investor reactions following the bill's announcement.

Source: YAHOO

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