We're hearing that the House has passed the megabill after it got through the Republican Senate. Now it's on its way to President Trump's desk, and he's going to sign it. When he does, he will create some of the biggest tax breaks for billionaires in history, even more wealth to the wealthiest Americans. And the way they're paying for it is to cut health care for working-class Americans, to cut food that would go to veterans and children in this country.
A federal budget is one of the most significant legislative pieces a government can put forward. It provides an update on the nation's coffers and outlines spending priorities.
The House Energy and Commerce Committee's 2025 budget reconciliation bill allocates $500 million for IT modernization and AI efforts, crucial as states grapple with regulations.