LIVE: US committee holds hearing and vote on Trump's tax plan

President Donald Trump's plan for extensive tax cuts faces another important test when the Republican-controlled US House of Representatives Committee on Rules votes on whether to bring it forward in the full chamber for a vote.

The unusual 1 a.m. ET hearing comes days after Moody's stripped the US of its top-tier credit ratings over concerns about deepening deficits.

#Trump #Trumptax #taxcuts #HouseofRepresentativesCommitteeonRules #CommitteeonRules #economy

Keep up with the latest news from around the world: https://www.reuters.com/

Post from Reuters on May 21, 2025

View Original Post