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

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May 21, 2025

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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

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LIVE: US committee holds hearing and vote on Trump's tax plan | REUTERS · Reuters · Sentinel