Gamblers pointed out on social media that by limiting the tax deduction to 90% of losses, bettors could actually owe taxes in years where they netted a loss on their bets.
The House narrowly passed Republicans' sweeping tax and spending bill in a 218-214 vote just ahead of the July 4 deadline. The legislation now heads to President Trump's desk.
The Republican package would slash taxes, boost spending on immigration enforcement and the military, and impose steep cuts to Medicaid, SNAP and clean energy funding.
Speaker Mike Johnson teased Rep. Hakeem Jeffries for his speech in comments on the House floor and jokingly put a giant binder on his lectern to mock Jeffries.
Rep. Hakeem Jeffries delivered an 8 hour and 44 minute speech blasting Republicans and delaying passage of their sweeping tax and spending bill. He ended with a message to the American people: "We're going to press on."
House Minority Leader Hakeem Jeffries, D-N.Y., began a speech on the House floor to voice his opposition to President Trump's spending bill. Jeffries told his fellow lawmakers he would "take [his] time" in an effort to delay a final vote on the ...
Officials appealed after the Montana Supreme Court ruled that the law requiring parental consent when a minor seeks an abortion violated the state constitution.