⏪ The Republicans in the U.S. House of Representatives have begun to announce some details regarding the most important and controversial parts of the comprehensive tax and spending cuts package, also known as the 'Big and Beautiful Bill' as referred to by U.S. President Donald Trump.

⏪ The House has revealed the initial text of its controversial proposal to cut spending on the healthcare program (Medicaid), and the Transportation and Infrastructure Committee has proposed some tax changes - including enhancing the child tax credit - that they hope to include in the package.

⏪ In addition to the package of tax cuts promised by Trump during his election campaign, including the exemption of tips from taxes.

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