1 big beautiful bill passes House
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"There is a serious risk of a bond market crisis that could lead to a wider financial crisis," one economist said of the bill.
Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
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The text of the Big, Beautiful Bill states that the federal government will "propose for each year the following registration fee" of $250 for a covered electric vehicle and $100 for a covered hybrid vehicle.
The bill passed the House on Thursday, May 22, with all Democrats and two Republicans voting against it after an-all night debate.
America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.
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FOX 26 Houston on MSN'One Big Beautiful Bill' includes $12B for border security reimbursements for Texas, border statesThe sprawling 1,000-plus page package carries Trump’s title, the "One Big Beautiful Bill Act," as well as his campaign promises to extend the tax breaks approved during his first term while adding new ones,
Trump Accounts would be a boost for all children, experts say. Saving early and allowing compound growth do its magic is key.
As it stands now, the bill would increase the amount of money Louisiana receives from offshore oil and gas production — revenue that must be used for coastal protection and restoration.
The "big, beautiful bill" passed by House Republicans includes hundreds of billions in cuts to SNAP, more stringent work requirements and more costs to states.