Afghan Suspect in Deadly Shooting of National Guard Members Faces First-Degree Murder Charge 
UN General Assembly Demands Russia Return Ukrainian Children Amid Ongoing Conflict 
Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results 
Trump Administration Halts Immigration, Green Card, and Citizenship Processing for 19 Countries 
U.S. Expected to Expand Travel Ban to More Than 30 Countries 
New Orleans Immigration Crackdown Sparks Fear as Federal Arrests Intensify 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Flights Briefly Grounded at Philadelphia International Airport After Bomb Threat Resolved 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Hong Kong Faces Low Turnout in “Patriots-Only” Election Amid Public Grief After Deadly Fire 
FDA Names Tracy Beth Høeg as Acting CDER Director After Richard Pazdur Announces Retirement 
National Guard Member Killed in White House-Area Shooting Sparks Terror Probe and Immigration Review 
U.S. Repatriation Flight Carrying 266 Venezuelan Migrants Lands in Caracas 
Pentagon Probe Finds Hegseth’s Use of Signal Risked Exposing Sensitive Yemen Strike Details 
U.S. Halts Visa Processing for Afghan Nationals Amid Security Concerns 
U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups 
The House Ways and Means Committee released a 28-page draft on Friday outlining key elements of President Donald Trump’s proposed tax overhaul, aiming to make the 2017 tax cuts permanent. The proposal boosts the child tax credit from $1,000 to $2,500 through 2028, then reduces it to $2,000 afterward. It also mandates a Social Security number for eligibility and offers tax relief for multinational corporations and unincorporated businesses.
Notably absent from the plan are more contentious topics, such as the $10,000 cap on state and local tax (SALT) deductions—an issue critical to high-tax states like New York, California, and New Jersey. It also sidesteps decisions on Medicaid, which covers around 35 million people in states Trump carried in the 2024 election, and avoids addressing clean energy tax credits favored in some Republican-led states.
Committee Chair Jason Smith (R-MO) stated that Republicans have spent two years preparing for this legislation, promising it will benefit the American public. However, internal GOP divisions remain. Hardline conservatives are demanding scaled-back tax cuts to offset $2 trillion in spending reductions over the next decade, while moderates resist drastic Medicaid cuts.
As part of Trump’s broader “big, beautiful bill” agenda—encompassing tax reform and immigration policy—Republicans face increasing pressure to balance fiscal responsibility with party priorities. The cost of the proposal, coupled with the unresolved national debt ceiling debate, complicates negotiations.
The House Ways and Means Committee will meet Tuesday to debate and possibly advance the measure, as the GOP continues to grapple with how to finance Trump’s expansive economic vision.
This developing legislation has significant implications for taxpayers, businesses, and federal budget priorities ahead of the 2025 fiscal planning cycle.
