WSJ Opinion: Potomac Watch cover image

How Speaker Mike Johnson Passed the GOP's 'Big, Beautiful Bill'

WSJ Opinion: Potomac Watch

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Tax Provisions and Political Challenges

This chapter examines the recent tax legislation, particularly focusing on the complications arising from exemptions related to tips and overtime. It discusses the necessity for Republicans to align their policies with growth principles while facing uncertainties over temporary benefits and potential opposition in the Senate.

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