US: Tax cut plan gains momentum

Senate Republicans have advanced President Trump's tax cut agenda and increased the US debt ceiling, passing a budget resolution by a 51-48 vote. This measure allows for extending Trump's 2017 tax cuts and includes provisions for additional tax cuts and a significant increase in the federal borrowing limit.

Apr 5, 2025 - 17:30
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US: Tax cut plan gains momentum
Senate Republicans have advanced President Trump's tax cut agenda and increased the US debt ceiling, passing a budget resolution by a 51-48 vote. This measure allows for extending Trump's 2017 tax cuts and includes provisions for additional tax cuts and a significant increase in the federal borrowing limit.

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