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Senate holds late vote on GOP tax cuts, spending plan key to Trump agenda

Business Standard LogoBusiness Standard10h ago

Senate holds late vote on GOP tax cuts, spending plan key to Trump agenda - Business Standard

Quick Summary:

Senators dived into a contentious late night or all-night debate Friday over a Republican budget plan that's central to President Donald Trump's agenda for trillions of dollars in tax breaks and boosts to border security and defense spending, all while slashing other government spending.

But GOP leaders with a nod from Trump are determined to march ahead, pushing past a hardened line of opposition from Democrats, who are unified as they decry tax breaks for the wealthy at the expense of federal programs Americans rely on.

The US economy is churning over Trump's vast tariff scheme sent stocks plummeting, and experts are warning of soaring costs for consumers at home and threats of a potential recession.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 09:03:36 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1209 words

Reading Time: 7 minutes read

Sentences: 46 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27595986

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 132 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Senate holds late vote on GOP tax cuts, spending plan key to Trump agenda" was covered 10 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://chronographically.beamstart.com/news/senate-holds-late-vote-on-17438249596949

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