Latest news with #OneBig
The Hill
9 hours ago
- Business
- The Hill
Hawley introduces bill to provide $600 tariff rebates to adults and children
Sen. Josh Hawley (R-Mo.) has introduced legislation to provide $600 tariff rebates to almost all Americans and to their dependent children, which would give $2,400 to a family of four. Hawley said in a statement that 'Americans deserve a tax rebate after four years of Biden policies that have devastated families' savings and livelihoods.' 'Like President Trump proposed, my legislation would allow hard-working Americans to benefit from the wealth that Trump's tariffs are returning to this country,' he said. The legislation would be modeled on the direct payments Congress authorized in the 2020 CARES Act, which provided $1,200 direct payments to adults and $500 direct payments to children. Hawley teamed up with Sen. Bernie Sanders (I-Vt.) in 2020 to advocate for a second round of $1,200 stimulus checks during the COVID-19 pandemic. The payments would be reduced for households that earn $150,000 or more, a head of household who earns more than. $112,500 and individuals who earn more than $75,000. The payments are designed to offset higher prices resulting from tariffs, which produced $30 billion in revenue to the federal government and could provide $150 billion in revenue in 2025. The legislation would allow for a larger credit per person if tariff revenue exceeds current projections for 2025. Hawley was a leading advocate for adding more tax relief to working-class Americans in the One Big, Beautiful Bill Act, which Trump signed into law earlier this month.
San Francisco Chronicle
a day ago
- Politics
- San Francisco Chronicle
Vice President JD Vance is on the road again to sell the Republicans' big new tax law
CANTON, Ohio (AP) — Vice President JD Vance used a speech in his home state on Monday to promote the GOP's sweeping tax-and-border bill as a small group of protesters outside a northeast Ohio steel plant brandished signs critical of the administration's handling of the Jeffrey Epstein investigation. Vance spoke to a crowd of steel workers in neon green, orange, yellow and red hardhats and safety glasses gathered inside a rolling mill at Metallus Inc. in Canton, about 60 miles (96.56 kilometers) from Cleveland. It was his second trip this month as chief promoter of the hodgepodge of conservative priorities that Republicans have dubbed the 'One Big, Beautiful Bill.' Echoing themes expressed at an industrial machine shop in West Pittston, Pennsylvania, Vance said American workers should be able to keep more of their pay in their pockets and U.S. companies should be rewarded when they grow. He highlighted the law's new tax deductions on overtime and its breaks on tipped income. Vance decried Democrats — including U.S. Rep. Emilia Sykes, whose competitive House district he was visiting — for opposing the bill that keeps the current tax rates, which would have otherwise expired later this year. The legislation cleared the GOP-controlled Congress by the narrowest of margins, with Vance breaking a tie vote in the Senate for the package that also sets aside hundreds of billions of dollars for Trump's immigration agenda while slashing Medicaid and food stamps. The vice president is also stepping up his public relations blitz on the bill as the White House tries to deflect attention from the growing controversy over Jeffrey Epstein. The disgraced financier killed himself, authorities say, in a New York jail cell in 2019 as he awaited trial on sex trafficking charges. Trump and his top allies stoked conspiracy theories about Epstein's death before Trump returned to the White House and are now reckoning with the consequences of a Justice Department announcement earlier this month that Epstein did indeed die by suicide and that no further documents about the case would be released. Vance insisted that the administration of President Donald Trump isn't trying to cover up information from the investigation that's in the public interest. Vance said Trump asked Attorney General Pam Bondi to release all 'credible information' but that the process 'takes time.' The Justice Department has asked for grand jury transcripts to be made public, but a judge in Florida has rejected that bid while requests remain pending in New York. Vance said Trump, who was an acquaintance of Epstein before they had a falling out, wants 'full transparency' in the case and alleged that prior administrations went 'easy on this guy.' A few heads could be seen nodding amid the crowd. Questions about the case continued to dog Trump in Scotland, where he on Sunday announced a framework trade deal with the European Union. Asked about the timing of the trade announcement and the Epstein case and whether it was correlated, Trump responded: 'You got to be kidding with that." 'No, had nothing to do with it,' Trump told the reporter. 'Only you would think that." The White House sees the new law as a political boon, sending Vance to promote it in swing congressional districts that will determine whether Republicans retain their House majority next year. In a navy jacket and white shirt unbuttoned at the collar, Vance leaned into folksy word choices and characterized the administration's immigration crackdown as an effort to keep gangs trafficking deadly fentanyl out of the country. Vance's decision to visit Sykes' district comes as the National Republican Congressional Committee has named her narrowly split district as a top target this cycle. His northeastern Pennsylvania stop was in the district represented by Republican Rep. Rob Bresnahan, a first-term lawmaker who knocked off a six-time Democratic incumbent last fall. A spokesperson for the Democratic Congressional Campaign Committee called his visit 'another desperate attempt to lie to Ohioans about the devastating impact the Big, Ugly Law will have on working families.' in a statement. In the statement, Katie Smith said Sykes 'fought tooth and nail against this disastrous law.'
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Business Standard
2 days ago
- Politics
- Business Standard
US V-P Vance to visit Ohio to push Republicans' sweeping new tax law
Vice President JD Vance is hitting his home state on Monday to continue promoting the GOP's sweeping tax-and-border bill. He will be in Canton, Ohio, to talk about the bill's benefits for hardworking American families and businesses, according to his office. Aides offered little detail in advance about the visit, but NBC News reported that his remarks will take place at a steel plant in Canton, located about 60 miles south of Cleveland. The visit marks Vance's second trip this month to sell the package, filled with a hodgepodge of conservative priorities that Republicans have dubbed the One Big, Beautiful Bill as the vice president becomes its chief promoter on the road. In West Pittston, Pennsylvania, Vance told attendees at an industrial machine shop that they should be able to keep more of their pay in their pockets, highlighting the law's new tax deductions on overtime. Vance also discussed a new children's savings programme called Trump Accounts and how the new law promotes energy extraction, while decrying Democrats for opposing the bill that keeps the current tax rates, which would have otherwise expired later this year. The legislation cleared the GOP-controlled Congress by the narrowest of margins, with Vance breaking a tie vote in the Senate for the package that also sets aside hundreds of billions of dollars for Trump's immigration agenda while slashing Medicaid and food stamps. The vice president is also stepping up his public relations blitz on the bill as the White House tries to deflect attention away from the growing controversy over Jeffrey Epstein. The disgraced financier killed himself, authorities say, in a New York jail cell in 2019 as he awaited trial on sex trafficking charges. Trump and his top allies stoked conspiracy theories about Epstein's death before Trump returned to the White House and are now reckoning with the consequences of a Justice Department announcement earlier this month that Epstein did indeed die by suicide and that no further documents about the case would be released. Questions about the case continued to dog Trump in Scotland, where he on Sunday announced a framework trade deal with the European Union. Asked about the timing of the trade announcement and the Epstein case and whether it was correlated, Trump responded: You got to be kidding with that." No, had nothing to do with it, Trump told the reporter. Only you would think that." The White House sees the new law as a clear political boon, sending Vance to promote it in swing congressional districts that will determine whether Republicans retain their House majority next year. The northeastern Pennsylvania stop is in the district represented by Republican Rep. Rob Bresnahan, a first-term lawmaker who knocked off a six-time Democratic incumbent last fall. On Monday, Vance will be in the district of Democratic Rep. Emilia Sykes, who is a top target for the National Republican Congressional Committee this cycle. Polls before the bill's passage showed that it largely remained unpopular, although the public approves of some individual provisions such as increasing the child tax credit and allowing workers to deduct more of their tips on taxes.
2 days ago
- Politics
Vice President JD Vance is on the road again to sell the Republicans' big new tax law
COLUMBUS, Ohio -- COLUMBUS, Ohio (AP) — Vice President JD Vance is hitting his home state on Monday to continue promoting the GOP's sweeping tax-and-border bill. He will be in Canton, Ohio, to talk about the bill's 'benefits for hardworking American families and businesses,' according to his office. Aides offered little detail in advance about the visit, but NBC News reported that his remarks will take place at a steel plant in Canton, located about 60 miles south of Cleveland. The visit marks Vance's second trip this month to sell the package, filled with a hodgepodge of conservative priorities that Republicans have dubbed the 'One Big, Beautiful Bill' as the vice president becomes its chief promoter on the road. In West Pittston, Pennsylvania, Vance told attendees at an industrial machine shop that they should be able to keep more of their pay in their pockets, highlighting the law's new tax deductions on overtime. Vance also discussed a new children's savings program called Trump Accounts and how the new law promotes energy extraction, while decrying Democrats for opposing the bill that keeps the current tax rates, which would have otherwise expired later this year. The legislation cleared the GOP-controlled Congress by the narrowest of margins, with Vance breaking a tie vote in the Senate for the package that also sets aside hundreds of billions of dollars for Trump's immigration agenda while slashing Medicaid and food stamps. The vice president is also stepping up his public relations blitz on the bill as the White House tries to deflect attention away from the growing controversy over Jeffrey Epstein. The disgraced financier killed himself, authorities say, in a New York jail cell in 2019 as he awaited trial on sex trafficking charges. Trump and his top allies stoked conspiracy theories about Epstein's death before Trump returned to the White House and are now reckoning with the consequences of a Justice Department announcement earlier this month that Epstein did indeed die by suicide and that no further documents about the case would be released. Questions about the case continued to dog Trump in Scotland, where he on Sunday announced a framework trade deal with the European Union. Asked about the timing of the trade announcement and the Epstein case and whether it was correlated, Trump responded: 'You got to be kidding with that." 'No, had nothing to do with it,' Trump told the reporter. 'Only you would think that." The White House sees the new law as a clear political boon, sending Vance to promote it in swing congressional districts that will determine whether Republicans retain their House majority next year. The northeastern Pennsylvania stop is in the district represented by Republican Rep. Rob Bresnahan, a first-term lawmaker who knocked off a six-time Democratic incumbent last fall. On Monday, Vance will be in the district of Democratic Rep. Emilia Sykes, who is a top target for the National Republican Congressional Committee this cycle. Polls before the bill's passage showed that it largely remained unpopular, although the public approves of some individual provisions such as increasing the child tax credit and allowing workers to deduct more of their tips on taxes.
Winnipeg Free Press
2 days ago
- Politics
- Winnipeg Free Press
Vice President JD Vance is on the road again to sell the Republicans' big new tax law
COLUMBUS, Ohio (AP) — Vice President JD Vance is hitting his home state on Monday to continue promoting the GOP's sweeping tax-and-border bill. He will be in Canton, Ohio, to talk about the bill's 'benefits for hardworking American families and businesses,' according to his office. Aides offered little detail in advance about the visit, but NBC News reported that his remarks will take place at a steel plant in Canton, located about 60 miles south of Cleveland. The visit marks Vance's second trip this month to sell the package, filled with a hodgepodge of conservative priorities that Republicans have dubbed the 'One Big, Beautiful Bill' as the vice president becomes its chief promoter on the road. In West Pittston, Pennsylvania, Vance told attendees at an industrial machine shop that they should be able to keep more of their pay in their pockets, highlighting the law's new tax deductions on overtime. Vance also discussed a new children's savings program called Trump Accounts and how the new law promotes energy extraction, while decrying Democrats for opposing the bill that keeps the current tax rates, which would have otherwise expired later this year. The legislation cleared the GOP-controlled Congress by the narrowest of margins, with Vance breaking a tie vote in the Senate for the package that also sets aside hundreds of billions of dollars for Trump's immigration agenda while slashing Medicaid and food stamps. The vice president is also stepping up his public relations blitz on the bill as the White House tries to deflect attention away from the growing controversy over Jeffrey Epstein. The disgraced financier killed himself, authorities say, in a New York jail cell in 2019 as he awaited trial on sex trafficking charges. Trump and his top allies stoked conspiracy theories about Epstein's death before Trump returned to the White House and are now reckoning with the consequences of a Justice Department announcement earlier this month that Epstein did indeed die by suicide and that no further documents about the case would be released. Questions about the case continued to dog Trump in Scotland, where he on Sunday announced a framework trade deal with the European Union. Asked about the timing of the trade announcement and the Epstein case and whether it was correlated, Trump responded: 'You got to be kidding with that.' 'No, had nothing to do with it,' Trump told the reporter. 'Only you would think that.' The White House sees the new law as a clear political boon, sending Vance to promote it in swing congressional districts that will determine whether Republicans retain their House majority next year. The northeastern Pennsylvania stop is in the district represented by Republican Rep. Rob Bresnahan, a first-term lawmaker who knocked off a six-time Democratic incumbent last fall. On Monday, Vance will be in the district of Democratic Rep. Emilia Sykes, who is a top target for the National Republican Congressional Committee this cycle. Polls before the bill's passage showed that it largely remained unpopular, although the public approves of some individual provisions such as increasing the child tax credit and allowing workers to deduct more of their tips on taxes.
