Trump, Republican party and Bill
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The Associated Press on MSN11d
Tax the rich? Slash spending? Republicans wrestle with economic priorities in the Trump eraThe Republican Party is trying to figure out what it stands for in terms of economic policy during the second Trump administration
Republicans applauded their work as the legislation moved forward, even as Democrats have been sharply critical that the cuts will harm constituents.
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
WASHINGTON (Reuters) -Republicans are loudly embracing President Donald Trump's populist priorities, though critics say a sweeping tax-cut bill that offers some breaks to working-class Americans still favors the wealthy and threatens social benefits his voters rely on.
On Monday, the bill passed the Senate 27-22 following hours of heated debate and days of closed-door meetings discussing the measure, which included many barbed comments traded between Republicans.