President Trump is heading to Capitol Hill today to promote his proposed tax bill, which would shower billions of dollars of tax cuts on the wealthiest Americans, including President Trump’s own family. The Congressional Budget Office says the Senate’s version of the tax bill would hurt people making less than $30,000 a year, while giving major tax cuts to those making more than $100,000 a year. A provision of the Senate bill would also eliminate a key part of the Affordable Care Act, the requirement that Americans have health insurance or pay a penalty. As Republicans scramble for enough votes to pass the plan, they are considering tacking on even more tax breaks for wealthy business owners. The Senate Budget Committee is slated to vote on the bill today, and lawmakers are pressing for a vote in the full Senate this week.
Trump Heads to Capitol Hill to Promote His Tax Bill, Which Would Shower Billions on Rich
HeadlineNov 28, 2017
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