House GOP Unleashes Sweeping Tax Legislation: A Vision for Tax Cuts and Fiscal Responsibility
House Republicans unveiled their long-awaited tax package on May 12, 2025, a broad 389-page bill intended to radically reshape the U.S. tax code. The plan, which contains trillions of dollars in tax reductions, has targeted tax increases to pay for the reductions. The bill is designed to keep campaign promises, and Republicans are seeking to…