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Trump’s ‘big, beautiful bill’ advances in rare Sunday night vote, but conservatives want more cuts: ‘The bill does not yet meet the moment’

Fortune LogoFortune17h ago

Trump’s ‘big, beautiful bill’ advances in rare Sunday night vote, but conservatives want more cuts: ‘The bill does not yet meet the moment’ - Fortune

Quick Summary:

House Republicans narrowly advanced President Donald Trump's big tax cuts package out of a key committee during a rare Sunday night vote.

The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog group, estimates that the House bill is shaping up to add roughly $3.3 trillion to the debt over the next decade.

It’s all setting up a difficult week ahead for the GOP leadership racing toward a Memorial Day deadline, a week away, to pass the package from the House.


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Trump’s ‘big, beautiful bill’ advances in rare Sunday night vote, but conservatives want more cuts: ‘The bill does not yet meet the moment’ - Fortune (Picture 1)

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Article Details

Author / Journalist: Massimo Marioni, Kevin Freking, Lisa Mascaro, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 09:42:57 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 897 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 225 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28812035

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 40 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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