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Trump budget bill with $4.5T in tax cuts survives key hurdle

Trump budget bill with $4.5T in tax cuts survives key hurdle despite House GOP infighting

A mammoth bill advancing a broad range of President Donald Trump’s policy goals survived a key hurdle on Thursday, putting Republicans closer to their goal of passing a bill by sometime in May. The legislation passed the House Budget Committee on a party-line 21 to 16 vote and is expected to be taken up by the entire chamber for a floor vote later this month.

The Wall Street Journal on MSN · 1d

House GOP Plan Envisions $4.5 Trillion in Tax Cuts

That plan released Wednesday—headed for a Budget Committee vote Thursday—calls for a minimum of $1.5 trillion in spending cuts over a decade and a maximum of $4.5 trillion in tax cuts from the Ways and Means Committee.

NBC News on MSN · 13h

House GOP panel passes budget blueprint with $4.5 trillion in tax cuts and steep spending reductions

The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.

Texas Senate greenlights new property tax cuts

Austin American-Statesman on … · 17h

'Texas-sized' relief: Senate passes $22.7 billion school property tax cut package

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.

The Texas Tribune · 2d

Texas Senate unanimously approves tax cuts for homeowners

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000. The legislation must win approval from the House next.

Houston Chronicle on MSN · 18h

Texas Senate greenlights new property tax cuts despite concerns over mounting costs

The Texas Senate moved swiftly this week to advance property tax relief, one of Gov. Greg Abbott’s emergency items this session. On Thursday, the chamber voted unanimously to increase the state’s homestead exemption on school district taxes from $100,

To extend Trump's 2017 tax cuts, Republicans seek to overlook the cost

As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to ...

20hon MSN

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 ...

Tax cuts in Ohio? Here's what DeWine wants when it comes to income, marijuana, sports betting

Gov. Mike DeWine is wary of cutting Ohio's income tax, but he wants to use sin taxes on cigarettes, marijuana and sports ...

Marketplace3d

Did the 2017 tax cuts really pay for themselves?

While supporters of an extension to the 2017 Tax Cuts and Job Act say that the tax cuts paid for themselves, experts say that ...

House Republicans Release a Roughly $3 Trillion Budget Outline

The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion in spending reductions, along with an ...

MLive - GrandRapids/Muskegon/Kalamazoo on MSN2d

Tax increases and budget cuts: How 2 proposals stack up to fix Michigan’s roads

Michigan Gov. Gretchen Whitmer, a Democrat, and House Speaker Matt Hall, a Republican, have each announced a plan designed to ...

Will Trump’s proposed tax cuts lead to less federal assistance for Alabama?

In addition to ending taxes on tips and Social Security benefits, Trump is also vouching for a plan to renew his 2017 tax cut ...

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5hon MSN

Live updates: House panel advances budget plan with Trump priorities; more executive orders coming

A Republican-led House panel, after a lengthy debate, advanced a budget plan late Thursday that reflects several of President Donald Trump’s priorities, including an extension of his 2017 tax cuts and ...

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Trump budget bill with $4.5T in tax cuts survives key hurdle

Texas Senate greenlights new property tax cuts

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