For GOP, tax bill’s most visible win may be averting failure
Even if
Approval of the tax bill seems certain, with House passage assured and two of the few potential
If the tax bill isn't approved, "the country's reaction is going to be, 'Why did we put you in in the first place?'" said
"Passing the tax bill is necessary but not sufficient for
Surveys this month have shown clear majorities oppose the legislation.
"It's daylight robbery," House Democratic leader
Senate Democratic leader
Other provisions give
The individual tax cuts expire in 2026 while corporate reductions are permanent. Especially over time, many families would see their taxes rise, not fall.
The bill's repeal of the Obama health law's tax penalty on people not buying coverage is expected to drive up insurance premiums by about 10 percent, according to the nonpartisan
"I'm convinced this is going to launch more investment in businesses and workers. I'm convinced this is going to give bigger paychecks, a simpler system," said House Speaker
"This legislation will bring real relief to the middle class by taking money out of
Trump told reporters Saturday that
Some
"Legislative success does not necessarily translate into political success. Just ask the
Part of that headwind could come from Trump, which worries many
"If we get some things done it'll maybe improve our chances, but the president's not making it any easier," said Rep.


EDITORIAL: GOP Taxes Credibility
CHIPS funding running out in many states; Mississippi still has time
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News