The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The richest 5 percent alone would receive a little less than half of the net tax cuts that year.

U.S. House Speaker Mike Johnson (R-LA) speaks to a reporter, as he leaves for a meeting at the White House on the budget, on the day of the House Rules Committee’s hearing on U.S. President Donald Trump’s plan for extensive tax cuts, on Capitol Hill, in Washington, D.C., U.S., May 21, 2025.

The House passed a major tax and spending bill ahead of Memorial Day, with Senate debate looming over key provisions like SALT caps, Medicaid work requirements, and charitable deductions.

U.S. Rep. Joe Neguse took House Judiciary Chair Jim Jordan (R-Ohio) to task Wednesday morning during a House Rules Committee meeting over a provision in the sweeping budget reconciliation bill to restrict federal judges' ability to enforce contempt findings.

House GOP leaders are pressing lawmakers to get on board with the massive framework that includes Trump’s priorities on energy, border, national security and tax reform.

The GOP-backed One Big Beautiful Bill Act includes some big changes to the Supplemental Nutrition Assistance Program.

Speaker Mike Johnson rejected concerns that the "big, beautiful bill" will add to the federal deficit. He called deficit forecasts from the Congressional Budget Office "dramatically overstated." The sweeping package narrowly passed the House last week and now heads to the Senate.

Environmental groups have called the “One Big Beautiful Bill” the most anti-environment piece of legislation in U.S. history, citing its proposed repeal of vehicle emissions regulations, expansion of oil and gas leasing,