Republicans Move Ahead With Trump’s ‘Big’ Tax Breaks

WASHINGTON (AP) — After a long wait, the Senate is launching action on President Donald Trump’s ”“big, beautiful bill” of tax breaks and spending cuts. But it’s coming at a risky moment for the U.S. and global economy after his announcement of steep tariffs. More than a month after House Republicans surprised Washington by advancing their framework for Trump’s package, Senate Republicans are ready to start voting on their version. It’s a next step in the long process. But work on the multitrillion-dollar package is coming as markets at home and abroad are on edge in the aftermath Trump’s vast tariffs scheme, complicating an already difficult political and procedural undertaking.