Tax cut

North Carolina State Budget Chaos, Tax Fight Freezes Deal

North Carolina lawmakers return to Raleigh this week still without agreement on a state budget nearly six months after the legal deadline passed.

Wisconsin GOP Budget Evers Talks Stall as Deadline Looms

Wisconsin Senate Republicans are pressing Governor Tony Evers to meet next week to keep the state on schedule for passing its annual budget before the fiscal year ends. Senate Majority Leader Devin LeMahieu said Thursday that failure to meet soon could jeopardize the timeline for finalizing budget legislation.

House Passes $4.5 Trillion Tax Cut Bill

In a narrow 217-215 vote, the House of Representatives approved a budget resolution that includes $4.5 trillion in tax cuts, significant increases in defense and border security funding, and $2 trillion in spending reductions over the next decade. The bill represents a cornerstone of President Donald Trump’s economic agenda, aiming to stimulate growth while curbing federal waste. All Democrats and one Republican, Rep. Thomas Massie (R-Ky.), opposed the measure, citing concerns about its impact on the national deficit.

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