New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the so-called "big, beautiful bill" passed on Thursday.

The House passed President Donald Trump's "one big, beautiful bill" on Thursday morning, but two defecting Republicans took to social media to decry the spending plan.

Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and the 2026 midterms.

With last-minute concessions and stark warnings from Trump, the Republican holdouts largely dropped their opposition to salvage the “One Big Beautiful Bill” that’s central to the GOP agenda.

The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.

Analysts said the cuts in the House budget bill will increase emissions and raise energy prices while effectively ceding the clean energy market to China.

After the House passed a bill for Trump’s agenda by a single vote, the measure faces more hurdles in the Senate. But don’t bet against it becoming law.

The House passed President Trump's domestic policy bill by just one vote, in part because Rep. Andrew Garbarino, who would've voted to support it, was asleep at the time, House Speaker Mike Johnson said.