On Tax Day, Republicans cheer, Democrats deride new Trump cuts
Republicans cited 11% bigger refunds and 45% of filers claiming new breaks, while Democrats said the law adds debt and cuts aid to low-income households.
- On Wednesday, federal tax filing deadline day, the Trump administration rebranded the 'One Big Beautiful Bill Act' as the 'Working Families Tax Cut' amid growing public disapproval of the legislation.
- Last summer's legislation made individual tax cuts from the 2017 Tax Cuts and Jobs Act permanent while increasing and making permanent the child tax credit for American families.
- Treasury Secretary Scott Bessent reported that 45% of tax filers claimed new provisions as of April 12, including over 6 million Americans claiming tax-free tips and 25 million claiming tax-free overtime.
- House Democratic Caucus Chair Pete Aguilar criticized the law Wednesday, saying rising housing, utility, and gas costs are 'erasing' any tax relief, while independents show 41 percent disapproval since Fall 2025.
- The Committee for a Responsible Federal Budget projects the law will add $4.7 trillion to the national debt through 2035, as the total debt stands at $39 trillion currently.
18 Articles
18 Articles
Tax Day 2026: Democrats and Republicans battle over impact of new Trump tax cuts
Maritza Montejo, a Liberty Tax Service office manager, helps Aurora Hernandez, left, with her taxes at a Liberty Tax Service office on the last day to file taxes on April 15, 2026, in Miami, Florida. (Photo by Joe Raedle/Getty Images)WASHINGTON — The 2026 tax filing season closed Wednesday with the Trump administration and Republicans on Capitol Hill hailing success under last year’s massive tax cuts law, while Democrats said any benefits have b…
Trump's signature achievement draws brutal ratings: 'No wonder he's struggling!'
CNN's Harry Enten pointed to underlying data that shows why President Donald Trump is struggling with broad swaths of the electorate.Federal income taxes are due Wednesday, which will be the first day where the president's tax and spending bill kicks in, but Enten told "CNN News Central" that Americans aren't feeling any benefits from the Republican-passed law."It ain't working too good because Trump is paying the piper when it comes to taxes an…
GOP's 'single signature achievement' is a bust: CNN data guru
House Republicans will vote this week on a bill expressing support for their "One Big Beautiful Bill" Act passed last summer. The measure will not only cheer the law, but it will attempt to rebrand the unpopular budget measure to the "Working Families Tax Cut."There's a reason for both of those things, a CNN data analyst explained on Wednesday. Data shows Americans don't like the "One Big Beautiful Bill," and they don't believe it did anything t…
Senator Barrasso: ‘GOP Tax Cuts Put More Money in People’s Pockets’
Senate Majority Whip John Barrasso (R-Wyo.) Wednesday, highlighted the direct benefits Americans are receiving from the Working Families Tax Cuts law. Barrasso said for people that are filing their taxes for the first time under this new tax law – the Working Families Tax Cuts – they are seeing that they are keeping more, and this is what Republicans promised – to put more money in people’s pockets Senate Majority Whip John Barrasso Barrasso sai…
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