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House GOP unveils sweeping tax plans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  House GOP unveils sweeping tax plans House Republicans on Monday released a 389-page plan to advance President Trump’s tax agenda, kicking off what is expected to be a showdown over taxes in the GOP. © Greg...

GOP charges ahead despite deep divisions on Medicaid, SALT

House Republicans are charging ahead with deep Medicaid cuts and an extension of the 2017 tax cuts, two policies at the heart of President Trump’s domestic agenda that are showcasing fierce divisions within the GOP conference. Both policy issues pit GOP moderates against conservatives, and threaten to delay action on the massive budget reconciliation package...

5 takeaways from US-China trade truce

U.S. and Chinese trade negotiators agreed over the weekend to lower mutually imposed triple-digit tariffs in a significant de-escalation of the ongoing trade war between Washington, D.C., and Beijing. Treasury Secretary Scott Bessent said Sunday after talks in Switzerland that “substantial progress” had been made between the two countries. China and the U.S. agreed to...

Trump goes on defense over Qatar jet gift

President Trump defended his decision to accept a luxury Boeing jet from Qatar, calling it “stupid” for him to turn it down amid an influx of criticism from both sides of the aisle over the gift. “I could be a stupid person and say, ‘Oh no, we don’t want a free plane.’ We give free...

Harvard president claims ‘unfounded retaliation’ amid Trump funding feud

Harvard University President Alan Garber decried the Trump administration's actions against the school in a Monday letter to Education Secretary Linda McMahon.

Federal judge allows IRS to share illegal alien data with DHS in court win for Trump

The Department of Homeland Security can partner with the IRS to permit ICE to access taxpayer information to locate illegal immigrants, a judge ruled.

Pentagon ceases gender transition treatments as it moves to boot trans troops

The Defense Department is ending all gender transition treatments for trans troops as it moves to remove them from the military.

Tish’s outrageous taxpayer-footed legal fees: Letters to the Editor — May 13, 2025

NY Post readers discuss Albany Democrats’ bill that would allow Letitia James access to a taxpayer fund for legal fees.

Bipartisan lawmakers offer legislation to codify Trump’s order to reduce costs of prescription drugs

Lawmakers on both sides of the aisle offered up legislation to codify President Trump's executive order intended to reduce the costs of prescription drugs.

South Africans land in U.S. after offered refugee status by Trump administration

The first group of Afrikaners landed at Washington Dulles International Airport on Monday after the Trump administration offered refugee status to White South Africans, citing the discrimination they face.

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