The Trump Tax Bill has made progress by passing the House Ways and Means Committee with Republican support, despite internal disagreements within the GOP. The legislation promises tax reductions for average earners, although it raises concerns over potential spending cuts.
Speaker Mike Johnson aims to advance the bill solely with Republican votes, while conservative members express unease over the limited reforms proposed, including about $2 trillion in cuts.
Market reactions suggest potential benefits for the middle class, but concerns remain about the long-term economic impacts and necessary regulatory challenges moving forward.
Full story here: https://coincu.com/337966-bitcoin-rises-trump-tax-bill
