Latest news with #NathanielMoran
Yahoo
3 days ago
- Business
- Yahoo
Rep. Moran discusses tax cuts at Americans for Prosperity town hall
TYLER, Texas (KETK) – East Texas Rep. Nathaniel Moran (R-TX) attended a town hall in Tyler on Friday to discuss the One Big Beautiful Bill Act and the Tax Cuts and Jobs Act. Trump administration unveils more detailed proposal for steep 2026 spending cuts The town hall event was hosted at Tyler Junior College by the Texas chapter of Americans for Prosperity (AFP), a conservative political advocacy group backed by the billionaire Charles Koch. In Jan. 2025, The Hill reported on AFP's newly announced a $20 million nationwide campaign to push Congress to renew the Tax Cuts and Jobs Act that was passed under President Donald Trumps first term in office. Moran supported renewing the Tax Cuts and Jobs Act on Friday by warning about how much taxes could go up next year. 'The average family would see about a 24% tax increase next year, and I don't think anybody in this room wants to see that tax increase,' Moran said. When asked about the One Big Beautiful Bill Act, or H.R. 1, an event attendee from Friday's town hall was curious about what the bill actually contains. 'The main thing is just to kind of hear from him what all is in that big beautiful bill because you know we haven't been shared a lot,' said attendee Sharron Fowler. Moran said he hopes to take the input he received on Friday back to Washington D.C. where Republicans are waiting on HR 1 to pass through the Senate. 'I'm hoping to take back more information and more input that we can talk about while we get this thing through the Senate,' Moran said. The AFP also ranks members of Congress according to how often their votes align with the group's stance on given pieces of legislation. Moran has a 94 lifetime score with the group, a 100 score for the current 119th session of Congress and a 88 score for the 118th session. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-05-2025
- Business
- Yahoo
Rep. Moran reacts to Texas House passing ‘Big, Beautiful Bill'
TYLER, Texas (KETK) — Rep. Nathaniel Moran, R-TX, said 'House Republicans delivered on the promises we made to the American people' in a statement on Thursday after the Texas House passed President Donald Trump's 'Big, Beautiful Bill'. Lindale ISD employee celebrated after dedicating 35 years to the district The 'Big, Beautiful Bill' is a fiscal package bill from Trump with the goal of cutting $1.5 trillion from the the government's budget in an effort to establish different tax laws, overtime pay and more. Moran released this message in statement following the bill's passage in the Texas House. 'With today's passage of the One, Big, Beautiful Bill, House Republicans delivered on the promises we made to the American people,' Moran said. 'This legislation puts working families, small businesses, and rural communities back at the center of our economic future—right where they belong.' Moran expressed that without the 'Big Beautiful Bill', families would see a major tax increase by 2026. He said families earning the median income of $62,182 would see a 22% increase amounting to $1,142 on their tax bill. Tyler mayor outlines vision for city's growth and upgrades According to a release from Moran's team, the bill aims to strengthen small businesses by making the 199A small business deduction permanent, which would reportedly produce $750 billion in economic growth and aid 1 million new jobs. This bill is not just for small businesses, it will also support families, rural America and the boarder economy. Families could see tax relief on car loan interest, overtime pay and tips along with getting an increase on the Child Tax Credit, according to the release. The release said rural family farms could see growth with expensing for new factories and agricultural improvements. The boarder economy could also see expensing for new factories with more 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-05-2025
- Business
- Yahoo
East Texas Food Bank Responds To Possible SNAP Cuts
TYLER, Texas (KETK)- The East Texas Food Bank released its 2025 Map the Meal Gap numbers. They say it's their snapshot of hunger in East Texas, which currently shows 1 in 5 adults in our area don't have enough food to eat. Texas bill allows food truck owners to simplify permits in each county 'As it relates to children, we are still at 1 in 4,' East Texas Food Bank chief executive officer David Emerson said. This amounts to nearly 44.6 million meals, an increase from last year's close to 41 million meals. Many families who depend on the food bank yearly also rely on their SNAP benefits to fill their pantries. 'Snap benefits stretch much, much further than the meals that you get,' East Texas Food Bank chief impact officer Kim Morris said. Recently, the U.S. House Agriculture Committee voted on its portion of a bill that includes $230 billion in spending cuts. One of those proposals would make cuts to SNAP benefits, and changes to qualification requirements. Something U.S. Congressman Nathaniel Moran from East Texas supports. 'We've got able-bodied people that are not working, not trying to get off of government subsistence, but could do so if incentivized to do so,' Rep. Nathaniel Moran said. The bill would increase age requirements for 'Able-bodied adults' without children and close some loopholes for work requirement waivers. 'Require each state to pay anywhere from 5 to 25% of the food benefits, so currently, the federal government is paying 100% of its food benefits,' Emerson said. He said the administration cost would also increase from 50% to 75%. 'That is an additional $87 million per year based on last year's numbers that Texas would have to pick up,' Emerson said. Congressman Moran believes these changes to SNAP would be beneficial for Americans overall. 'If we don't do anything this year, the average American $100,000 for individuals and their family, they're going to have a tax bill of close to $670,000 next year,' Rep. Moran said. Adding the average family's tax bill could shrink to three hundred thousand dollars, but the East Texas Food Bank believes the need for assistance will go up, causing a shift in how they operate. 'We may have to feed them differently, and we may have to feed them without some of the federal support that we've had in the past, right, but we will continue to be here and provide for that, and we will rely more heavily on the generosity of the communities to make that happen,' Emerson said. The food bank is urging Congress to 'ensure no one is forced to choose between food and other basic needs'. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-05-2025
- Business
- Yahoo
Rep. Moran speaks on the ‘Big Beautiful Bill' aimed at cutting $1.5 trillion from spending
TYLER, Texas (KETK) — Rep. Nathaniel Moran, R-TX, spoke on President Donald Trump's 'Big Beautiful Bill' fiscal package that aims to cut $1.5 trillion from the government's budget, impacting programs and tax laws such as Medicaid, tax on tips, overtime and more. Party with purpose at 4th annual blind ambition event benefiting Tyler nonprofit The 'Big Beautiful Bill' is a comprehensive bill from President Donald Trump that includes many factors and laws, mainly focused on cutting $1.5 trillion in spending from the government's budget. This bill would remove taxes on tips, overtime, make Trump's 2017 tax cuts permanent and Americans could potentially receive tax cuts if the standard deduction is increased. The bill would also cut funding for programs such as Medicaid and SNAP, Rep. Nathaniel Moran explained the reason for these cuts. 'This is stuff that's ballooned over the past ten years where we now have 23 million plus able bodied adults that are on Medicaid that we need to put back to work,' Moran said. 'We need to incentivize them to go back to work and by doing so then they can find their own health insurance and we're happy for that to happen so they can raise their station in life.' Reward increased to $30K for East Texas fugitive, Gov. Abbott says While the tax cuts could help everyday Americans save money, businesses and companies are claiming they have to raise store prices due to tariffs. Moran said he is hopeful these tariffs are just a short-term necessity and business can bounce back. 'Well business have to do what they have to do to take in the rising costs related to some of the short term tariff negotiations, my hope is that this is in fact what it is, a short term negotiation strategy not a long term economic policy,' Moran said. These tariffs play a role in America's trades with other countries and according to Moran, China has been violating American trade laws for quiet some time now. 'We are supportive of a number of bills that are out there that actually push back against China's circumvention of our trade laws,' Moran said. 'They have been violating our trade laws for decades now.' 'You got to play by the rules, China is not playing by the rules and China is not playing by the rules because they know they cannot compete with us head to head,' Moran said. 'They can't compete with us in a way that we have done over the last 80 years.' Tyler ISD celebrates 2025 Project SEARCH graduates Keep on the lookout for more updates on this bill as changes may occur. House Speaker Mike Johnson said he hopes to advance the tax plan through the chamber for a vote before the Memorial Day recess. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Insider
14-05-2025
- Business
- Business Insider
What the proposed U.S. remittance fee means for immigrants and their families back home
A new bill, the Border Security Investment Act introduced in the United States House of Representatives, aims to strengthen border security by imposing a steep fee on remittances sent by immigrants. A new bill in the U.S. House of Representatives seeks to impose a 37% fee on remittances sent to the top five countries with the most unlawful entries into the U.S. The bill, named the Border Security Investment Act (H.R. 445), aims to use the revenue generated to strengthen border security measures. Affected countries will be determined annually by U.S. Customs and Border Protection based on the latest entry data. If the Border Security Investment Act is passed, the proposal could have significant consequences for immigrants in the United States and the economies of countries that heavily rely on these remittances. The Border Security Investment Act (H.R. 445) proposes a 37% fee on remittances sent through money services businesses to the top five countries whose citizens or nationals had the most unlawful entries into the United States as determined by U.S. Customs and Border Protection (CBP) However, the bill does not specify which countries these are; instead, it mandates that CBP annually identify these countries based on the latest data. It's important to note that the list of countries subject to the remittance fee can change annually, reflecting shifts in migration patterns and enforcement data. Therefore, individuals and businesses involved in remittance transfers should regularly review CBP's reports to stay informed about any changes that may impact their transactions. The Bill The Border Security Investment Act, sponsored by Rep. Nathaniel Moran and co-sponsored by six other Republican representatives, targets remittances sent through money services businesses to the five countries with the highest number of citizens or nationals unlawfully entering the U.S. in the previous fiscal year, as determined by U.S. Customs and Border Protection. The bill aims to impose a 37% fee on these remittance transfers. This bill is distinct from the WIRED Act (Withholding Illegal Revenue Entering Drug Markets), introduced by Rep. Kevin Hern in 2022, which proposed a 5% fee on remittances to combat illegal immigration and cartel activities. While both bills aim to fund border security, the Border Security Investment Act targets a broader group of countries and enacts a much higher fee compared to the WIRED Act. What does this mean for African dependents The proposed bill targets countries with the highest number of unlawful U.S. entries, though it does not specify the affected nations. Historically, both Latin American and African countries, particularly since Donald Trump's presidency, have been impacted by U.S. immigration policies. According to recent U.S. Customs and Border Protection (CBP) statistics, nationals from countries such as Egypt, Mauritania, Senegal, Uzbekistan, and India have been encountered at the U.S. southern border, indicating potential inclusion in the list . Business Insider Africa recently highlighted African countries that topped the U.S. immigration deportation list in 2024 and according to the U.S. ICE Annual Report for 2024, several African nations were listed among those whose citizens faced multiple infractions, making them inadmissible or subject to deportation. Given the significant number of African removals, it is likely that some African countries will be included among the top five nations affected by this bill. If passed, this could have a substantial impact on African dependents who rely on remittances from relatives in the U.S., as the proposed 37% fee on remittances could reduce the financial support that many families rely on for everyday living expenses, healthcare, and education. Supporters of the proposed fee argue it would fund efforts to curb illegal immigration, but opponents say it unfairly targets legal residents and ignores the root causes of migration, like poverty and violence. The tax could severely affect low-income African households that depend on remittances for essentials such as food, school fees, rent, and medical expenses.
