A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of nonprofits that it says support terrorism.

The lawmakers are racing for a July 4 deadline to have the whole package sent to Trump’s desk in time to also avoid a dangerous debt default. The Treasury Secretary has said federal tax revenues are running short and Congress needs to raise the spending limit to keep paying the bills.

Experts fear slashing over $290 billion could result in many households in need losing a critical nutrition lifeline.

Key Senate Republicans are resisting the House’s plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies.

Under the plan, states would take on some financial responsibility for SNAP, and the size of the costs they take on would be tied to the error rate.

The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of blue-state Republicans have said is a nonstarter.

Send news tips to: [email protected] House GOP eyes moratorium on AI regulations. Republicans in the U.S. House of Representatives are pushing a legislative package that would roll back state AI laws throughout the country and prohibit states from passing new ones for the next decade.

WASHINGTON (AP) — House Republicans revealed the sweeping tax provisions for President Donald Trump’s big bill Monday, tallying at least $4.9 trillion in costs so far, partly paid for with reductions to Medicaid and other programs used by millions of Americans.

Three key panels are set to address some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.