Trump, bill
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The Republican-led House narrowly passed President Donald Trump’s sweeping tax and spending bill late early Thursday morning, sending the package to the Senate where it is likely to be revised.
The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.
One of those holdouts was Rep. Clay Higgins, R-Lafayette. He wrote on social media that the U.S. was facing financial insolvency because of deficit spending. The bill would add $3.8 trillion of debt over 10 years to the nation’s $36 trillion deficit, if passed as-is by the Senate.
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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.
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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Republican attorneys general visit Yuma, Arizona, highlighting a 90% drop in illegal crossings since Trump's second term and the impact of fentanyl trafficking.
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.
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The bill lowers the age of dependents from under 18 to under seven years old, but only in the context of Supplemental Nutrition Assistance Program.