Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on tips. They say it would help too few people and obscure bigger issues in the way tipped workers are paid. The Independent Restaurant Coalition, which represents nearly 100,000 restaurant and bars, has appealed to Congress to reconsider the proposal, which is part of the president’s spending bill. Even some workers who rely on tips say they oppose making them tax-deductible. For now, making tips tax-free appears to have broad support among lawmakers. The House included it in a tax cuts package approved last month. The Senate Finance Committee passed a modified version on Monday.

Senate Republicans are proposing deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax breaks more permanent. They are keeping in place an existing $10,000 annual cap on state and local tax deductions known as SALT. But they boost a tax credit for some seniors to $6,000. The proposals unveiled Monday by Republicans for Trump's “big, beautiful bill” provide the most comprehensive look yet at changes the GOP senators want to make to the package approved by House Republicans last month. Republican leaders are pushing to fast-track the package by Trump’s Fourth of July deadline.

The House has voted to cut about $9.4 billion in spending as President Donald Trump’s administration looks to follow through on work done by the Department of Government Efficiency when it was overseen by Elon Musk. The package narrowly passed Thursday targets foreign aid programs and the Corporation for Public Broadcasting, which provides money for National Public Radio and the Public Broadcasting Service as well as thousands of public radio and television stations around the country. The vote was 214-212. Republicans are characterizing the spending as wasteful and unnecessary, but Democrats say the rescissions are hurting the United States’ standing around the world.

Former congressman Billy Long of Missouri has been confirmed to lead the Internal Revenue Service, an agency he once sought to abolish. Long's confirmation on a 53-44 Senate vote Thursday gives the beleaguered IRS a permanent commissioner after months of acting leaders and massive staffing cuts that have threatened to derail next year's tax filing system. Democratic senators strongly opposed Long's nomination based on the Republican’s past work for a firm that pitched a fraud-ridden coronavirus pandemic-era tax break and on campaign contributions he received after President Donald Trump picked him. While in Congress, Long sponsored legislation to get rid of the IRS, the agency he's now tasked with leading.

Chiseling away at President Barack Obama’s Affordable Care Act. Rolling back the green energy tax breaks central to President Joe Biden’s Inflation Reduction Act. At its core, the Republican “big, beautiful bill” is more than just an extension of tax breaks approved during President Donald Trump’s first term at the White House. The package is an attempt to undo, little by little, the signature domestic achievements of the past two Democratic presidents. House Speaker Mike Johnson says Republicans are going “to do what we said we were going to do.” But the bill's spending cuts pointed at the Democratic-led programs are causing the most political turmoil.

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by $2.4 trillion over the decade and leave some 10.9 million more people without health insurance. That's according to a new analysis released Wednesday by the nonpartisan Congressional Budget Office. The findings are raising political stakes for the GOP’s signature domestic priority. Senate GOP Leader John Thune said after a meeting with Trump at the White House that they're committed to getting it done. Republican leaders are determined to muscle the package through Congress by Trump's July Fourth deadline. But billionaire Elon Musk is trashing the package, posting “Kill the bill,” and Democrats are piling on their own opposition.