‘Big, Beautiful’ Bill: What this means for your taxes | LiveNOW from FOX

Thumbnail

In a high-stakes showdown on Capitol Hill, Congress is bracing for a marathon debate over President Trump’s controversial “Big, Beautiful” Bill, which could reshape the tax landscape for millions of Americans. As lawmakers huddle late into the night—pizza boxes stacked high—tensions rise amid a critical vote that could either propel or derail this monumental legislation.

Currently in a holding pattern, the House is poised to deliberate on the bill, but GOP leaders face a daunting challenge: uniting a fractured party. Some Republicans are voicing strong objections to proposed cuts to Medicaid and SNAP programs, while others argue the bill doesn’t go far enough in slashing spending. “We can’t make everyone happy,” one GOP leader stated, underscoring the intense pressure to deliver results.

Democrats are leveraging every tool at their disposal to delay proceedings, raising concerns that the vote may be pushed to Thursday. Meanwhile, tax policy experts are dissecting the bill’s potential impacts, highlighting provisions like the elimination of taxes on tips and overtime pay, which could significantly benefit working-class families.

With provisions retroactive to January 1, taxpayers could see immediate relief, but uncertainty looms as the clock ticks down. If passed, the bill promises deductions for seniors and incentives for American-made purchases, but the path to bipartisan support remains rocky.

As the night unfolds, all eyes are on Capitol Hill. Will the “Big, Beautiful” Bill pass before the Fourth of July, or will it crumble under the weight of political discord? The stakes couldn’t be higher—stay tuned for live updates as this story develops.

Related Posts

Diddy to stay in jail until sentencing, judge cites history of violence | LiveNOW from FOX

Sean “Diddy” Combs remains behind bars following a dramatic court ruling that denied him bail after a split verdict in his high-profile trial. The judge cited Combs’…

Appel Trump-Poutine : Gérard Araud invité de Darius Rochebin|LCI

**Appel Trump-Poutine : Gérard Araud invité de Darius Rochebin** Un appel téléphonique de près d’une heure entre Donald Trump et Vladimir Poutine a eu lieu récemment, suscitant…

This is the ‘single greatest start to a presidency’ we’ve seen says former Trump advisor (video)

In a recent interview, former senior advisor to Donald Trump, Jason Miller, described the current state of the Trump presidency as “the single greatest start to a…

President Trump: We’ve saved our country (video)

Former President Donald Trump delivered a passionate address at the Iowa State Fairgrounds, declaring that “we’ve saved our country” as he celebrated recent legislative victories. Speaking to…

‘America is BACK’: Speaker Mike Johnson says

In a fervent display of unity and determination, Speaker Mike Johnson declared, “America is BACK!” during a pivotal address in Congress, heralding the passage of a sweeping…

Rappers Reaction To Bone Thugs-N-Harmony Officially Receiving Star On Hollywood Walk Of Fame

Bone Thugs-N-Harmony has officially received a star on the Hollywood Walk of Fame, a milestone that has sparked an outpouring of congratulations from fellow rappers across the…