Trump's Tax-Cut Bill Moves to House Vote

The U.S. House of Representatives' Rules Committee, led by Republicans, has advanced President Donald Trump's comprehensive tax-cut and spending proposal. This step paves the way for a decisive vote on the House floor, potentially reshaping economic policy and budget allocations in the coming hours.

The Rules Committee of the Republican-led House of Representatives has moved forward with President Donald Trump's extensive tax-cut and spending bill. This development sets the stage for a critical vote on the House floor later today.

This proposal is part of a broader strategy aiming to significantly overhaul current fiscal policies. Supporters argue that this bill will stimulate economic growth and streamline federal budgeting, while critics voice concerns about its potential long-term effects on national debt.

The legislative process is reaching a crucial moment, as lawmakers prepare to cast their votes on this pivotal economic package. The outcome could signal a major shift in the nation's financial landscape, underscoring the profound impact of legislative decisions on the economy.

(With inputs from agencies.)