Latest news with #StevenT.Dennis
Bloomberg
14-05-2025
- Business
- Bloomberg
Here Are the Winners and Losers in the Republican Tax Bill
By and Steven T. Dennis Save Wealthy Americans and business investors are among the big winners in House Republicans' draft tax legislation while targets of President Donald Trump's ire such as immigrants and elite universities were hammered. The tax plan is likely to undergo significant changes as it winds through the House and then the Senate. But the committees' drafts released this week have set up initial goalposts.
Bloomberg
14-03-2025
- Business
- Bloomberg
Senate Clears Way for GOP Spending Bill as Shutdown Threat Ebbs
By , Billy House, and Steven T. Dennis Save The Senate moved forward with a Republican spending plan in a crucial vote that effectively swept away the threat of a US government shutdown while exacerbating a furious struggle within the Democratic party over how to confront Donald Trump's audacious expansion of presidential power. The 62-38 vote Friday puts congressional Democrats on course to relinquish what some believed was their best hope of imposing any constraints on Trump and Elon Musk's mass firings of federal workers and wholesale elimination of federal agencies. Opponents will have to look instead to the courts.
