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  • US House narrowly passes Trump's sweeping tax-cut bill, sends on to Senate

    05/22/2025 10:49:39 AM PDT · by E. Pluribus Unum · 19 replies
    Reuters ^ | May 22, 2025 1:44 PM UTC | David Morgan, Bo Erickson and Andy Sullivan
    SummaryPasses in a knife-edge 215-214 vote, two Republicans vote no, one falls asleep Would add $3.8 trillion to the US debt, stirring investor concern Would cut green-energy incentives, fund Trump deportation push WASHINGTON, May 22 (Reuters) - The Republican-controlled U.S. House of Representatives on Thursday passed a sweeping tax and spending bill by a single vote which would enact much of President Donald Trump's policy agenda and saddle the country with trillions of dollars more in debt. The bill would fulfill many of Trump's populist campaign pledges, delivering new tax breaks on tips and car loans and boosting spending on...