Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Senate GOP Passes Measures for Trump's Tax Cuts
Financial Express Lucknow
|April 06, 2025
SENATE REPUBLICANS PLUGGED away overnight and into early Saturday morning to approve their multitrillion-dollar tax breaks and spending cuts framework, hurtling past hardened Democratic opposition toward what President Donald Trump calls the "big, beautiful bill" that's central to his agenda.
The vote, 51-48, fell along mostly party lines, but with sharp dissent from two prominent GOP senators. It could not have come at a more difficult political moment. The US economy is churning after Trump's vast tariff scheme sent stocks plummeting, and experts are warning of soaring costs for consumers at home and threats of a potential recession. Republican senators Susan Collins of Maine and Rand Paul of Kentucky both voted against.
This story is from the April 06, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Sebi steps in to fortify bond mkts
AT A TIME when retail participation in the bond market has been rising at a fast clip, the latest release from the Securities and Exchange Board of India, cautioning against unregistered online bond platform providers (OBPPs), is expected to serve as a wake-up call and put pressure on unregulated players seeking registration.
2 mins
November 27, 2025
Financial Express Lucknow
IMF directors urge India to replenish fiscal buffers
WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.
1 min
November 27, 2025
Financial Express Lucknow
SBI’s NIM target of 3% safe even if RBI cuts rate: Setty
STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.
1 mins
November 27, 2025
Financial Express Lucknow
'Primary sales of AC makers subdued despite GST cut'
Blue Star, among the country's leading air conditioner (AC) manufacturers, sees high inventory levels in the industry reducing this December as demand from price-conscious consumers may pick up before the new energy efficiency norms come into effect in January.
1 mins
November 27, 2025
Financial Express Lucknow
Nithin Kamath raises red flag on crypto derivatives exchanges
ZERODHA'S FOUNDER AND CEO Nithin Kamath on Wednesday flagged concerns over the risks associated with trading on crypto derivatives exchanges as they exist in a 'regulatory limbo'.
1 min
November 27, 2025
Financial Express Lucknow
Top posts at SIDBI, other DFIs now open to pvt talent
THE GOVERNMENT HAS expanded its overhaul of financial sector appointments by opening top posts in development financial institutions (DFIs) - including SIDBI, NABARD, EXIM Bank, IFCI and NHB - to private sector talent.
1 min
November 27, 2025
Financial Express Lucknow
Maharashtra eyes $1-trn economy by 2030: Official
MAHARASHTRA AIMS TO unlock $850 billion in investment through its new industrial policy, state industries secretary PAnbalagan said at the 21st CII Manufacturing Summit here on Wednesday.
1 min
November 27, 2025
Financial Express Lucknow
ICIL sells 0.56% in Bharti Airtel
. 34.2 mn shares sold at floor price of ₹2,097.81
1 min
November 27, 2025
Financial Express Lucknow
Indices near all-time high as bears go into hiding
· DIIs pump in ₹7 lakh crore, highest in a year
1 mins
November 27, 2025
Financial Express Lucknow
Ahmedabad awarded hosting rights of 2030 CWG
AHMEDABAD WAS FORMALLY awarded hosting rights of the 2030 Commonwealth Games in Glasgow on Wednesday, paving the way for the multi-sport event’s return to India after two decades and giving impetus to the country’s audacious plan of becoming an Olympic host in 2036.
1 mins
November 27, 2025
Listen
Translate
Change font size