The lawmakers are racing for a July 4 deadline to have the whole package sent to Trump’s desk in time to also avoid a dangerous debt default. The Treasury Secretary has said federal tax revenues are running short and Congress needs to raise the spending limit to keep paying the bills.

Experts fear slashing over $290 billion could result in many households in need losing a critical nutrition lifeline.

WASHINGTON – House Republicans defended a bill that would enact sweeping tax cuts, raise the debt ceiling, and add restrictions to benefit programs during a heated marathon day of committee hearings on Capitol Hill.

Under the plan, states would take on some financial responsibility for SNAP, and the size of the costs they take on would be tied to the error rate.

Nevertheless, a new letter sent Monday from the CBO to committee Chairman Brett Guthrie confirms that the panel's legislative recommendations, released late Sunday, would meet its lofty target for $880 billion of savings over the next decade.

A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of nonprofits that it says support terrorism.

Send news tips to: [email protected] House GOP eyes moratorium on AI regulations. Republicans in the U.S. House of Representatives are pushing a legislative package that would roll back state AI laws throughout the country and prohibit states from passing new ones for the next decade.

House Republicans on Monday unveiled one of the most critical pieces of President Donald Trump’s domestic agenda: How it plans to spend trillions of dollars on tax breaks.

House Republicans’ release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass, culminating weeks

Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill.