White House sets new July 4 deadline for Trump tax agenda
- The Trump administration has set a target date of July 4 for Congress to pass a tax, spending, and immigration reform package, announced by Treasury Secretary Scott Bessent.
- Bessent stated that the House is moving quickly while the Senate is in agreement, hoping to finalize the tax agenda by the Fourth of July.
- The package aims to make the 2017 tax cuts permanent and may include a $4 trillion debt ceiling increase to prevent a U.S. Default as the 'X date' approaches.
- Bessent emphasized that the administration will act to prevent a debt default, asserting, 'The U.S. Will never miss the X date.
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Five Big Questions About Trump’s ‘Big, Beautiful Bill’
From left, Rep. Eric Burlison (R-Missouri), Rep. Chip Roy (R-Texas), Rep. Jodey Arrington (R-Texas), and Rep. Andy Harris (R-Maryland) speak to reporters on the House steps after the House passed the budget resolution in the U.S. Capitol on April 10, 2025. (Bill Clark/CQ-Roll Call, Inc via Getty Images)HOUSE SPEAKER MIKE JOHNSON SAYS he and his fellow Republicans can pass a version of Donald Trump’s “big, beautiful bill” full of sweeping tax and…
Republicans adjust time frame for Trump’s ‘big, beautiful’ tax bill
Republicans‘ ambitious time frame to pass President Donald Trump‘s major tax and domestic policy bill by Memorial Day has been extended to July 4 after meetings on Monday. Senate leaders and White House officials are aiming for a summer vote…
Republicans adjust time frame for Trump’s ‘big, beautiful’ tax bill - Washington Examiner
Republicans‘ ambitious time frame to pass President Donald Trump‘s major tax and domestic policy bill by Memorial Day has been extended to July 4 after meetings on Monday. Senate leaders and White House officials are aiming for a summer vote on a massive bill codifying much of President Donald Trump’s agenda. House Republicans, originally promising the reconciliation megabill to be on Trump’s desk by Memorial Day, are now aiming to have it pass …
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