Reported about 24 hours ago
Senate Republicans have moved forward with a budget resolution that supports President Trump's tax cut agenda and an increase in the national debt limit, aiming to restore some stability to markets shaken by recent tariffs. The resolution, passed by a narrow margin, allows for the extension of Trump's tax cuts and proposes $1.5 trillion in new tax cuts over the next decade, in addition to increasing the borrowing limit by $5 trillion. However, the plan has faced criticism for favoring affluent households while potentially burdening lower and middle-income families with tariff-related costs.
Source: YAHOO