Donald Trump, House Republicans and One Big Beautiful Bill
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The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The richest 5 percent alone would receive a little less than half of the net tax cuts that year.
Older adults and low-income people will have a tougher time accessing food assistance and healthcare services under the House Republicans’ tax bill that will now likely face changes in the Senate. The roughly 1,