Daniel Monaghan is a reporter for NTD News covering culture, social issues, and education. He holds a BA in Political Science and Government.

Daniel Monaghan

NTD Plus

News

News with integrity, from the U.S. and around the world. Focused reports and analyses that shed light on major issues the world deserves to know. NTD Evening News airs daily at 6 p.m. ET.

NTD Evening News

White House Week in Review (May 23): Castro Charges, Iran Strike Pause, TrumpRx Expansion

Dave Martin is NTD's Senior Sports Reporter and sports analyst. He also hosts "Data Hub" segments during NTD's special election coverage, "The Nation Decides."

Dave Martin

Cavaliers Need Win to Avoid 0–3 Deficit vs. Knicks

David Lam is a national correspondent based in California and a part-time anchor for "NTD Tonight." Before joining NTD he was a financial analyst.

David Lam

Child Safety Groups Urge FTC to Investigate Roblox

Cary Dunst is the news anchor for NTD Evening News. He is also the co-host of NTD Good Morning.


Cary Dunst

‘Tiffany Meier Tonight’ Premieres May 26, 8PM ET

Arleen Richards is NTD's legal correspondent based at the network's global headquarters in New York City, where she covers all major legal stories. Arleen holds a Doctor of Law (J.D.).


Arleen Richards

DOJ: Chinese Nationals Helped Launder Cartel Funds

Jack Bradley is a Washington correspondent for NTD News based in Washington, D.C. Jack previously anchored "NTD Newsroom" and worked as an assistant producer for the show. 

Jack Bradley

Rubio: China and Russia Arming Cuba, Running Spy Bases 

Christina Corona is a California-based reporter for NTD News. She primarily covers California news, politics, and entertainment.  

Christina Corona

341 Arrested In Operation Firewall

Arian Pasdar is an international correspondent for NTD News based in South America. His reporting focuses on immigration and key events in Latin America.

Arian Pasdar

Rubio Explains Decision to Withdraw 5,000 Troops from Germany

Tulsi Gabbard ‘Transformed the Office in Her Tenure’: Counter-Terrorism Attorney

Sophie Lee is a reporter for NTD News based in Australia, covering business, entertainment, science, and world events.

Sophie Lee

UK Runs NATO War Drill From London Subway Station

NTD Evening News Full Broadcast (May 23)

NTD Evening News Full Broadcast (May 22)

NTD Evening News Full Broadcast (May 21)

NTD Evening News Full Broadcast (May 20)

NTD Evening News Full Broadcast (May 19)

NTD Evening News Full Broadcast (May 18)

Chris Beers is an NTD News anchor and political correspondent based at the network's global headquarters in New York City. Chris co-anchors "NTD News Today" weekdays at 10:00 am ET.

Chris Beers

NTD Evening News Full Broadcast (May 17)

NTD Evening News Full Broadcast (May 16)

NTD Evening News Full Broadcast (May 15)

NTD Evening News Full Broadcast (May 14)

The Associated Press is an American not-for-profit news agency headquartered in New York City. 

The Associated Press

US News

State News

California

More Than 17,000 Under Evacuation Orders as Southern California Wildfire Threatens Homes

Joseph Lord is a congressional reporter for The Epoch Times.


Joseph Lord

Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.

Aldgra Fredly

Former NYC Mayor Rudy Giuliani Hospitalized in Critical Condition: Spokesman

NTD Newsroom comprises teams of reporters, editors, and producers assigned to cover breaking news and other stories.


NTD Newsroom

News you can trust from the U.S. and around the world. Critical information and insight. We cover the stories that others don’t. NTD News Today airs Monday–Friday at 11 a.m. ET.

NTD News Today

US Warns of China Hacks via Routers, Smart Devices

Juliet Song is an international correspondent exclusively covering China news for NTD. She primarily contributes to NTD's "China in Focus," covering U.S.-China relations, the Chinese regime's human rights abuses, and domestic unrest inside China.

Juliet Song

Fast, compelling, first-hand news from China. China in Focus airs Monday–Friday at 8 p.m. ET.

China in Focus

2 Americans Among Suspected Communist Rebels Killed in Clashes With Troops, Philippine Officials Say

Ryan Morgan is a reporter for The Epoch Times focusing on military and foreign affairs. He was previously a news writer for NTD. 


Ryan Morgan

Mari Otsu is NTD's White House correspondent based in Washington. 

Mari Otsu

World News

Middle East

Iran

3 US Warships Fend Off Iranian Attacks, Trump Says Ceasefire Still Holds

US Government Sues Chick-fil-A Over Religious Rights

Health News

3 Dead in Suspected Hantavirus Outbreak on Cruise Ship in Atlantic Ocean: WHO

Haika Mrema

Medical Plane Crash in New Mexico Mountains Kills 4, Sparks Wildfire

Rudy Blalock is a Southern California-based daily news reporter for NTD. Originally from Michigan, he moved to California in 2017 and the sunshine and ocean have kept him here since. In his free time, he may be found underwater scuba diving, on top of a mountain hiking or snowboarding, or at home meditating—which helps fuel his active lifestyle.

Rudy Blalock

Sports News

Kyle Busch, Two-Time NASCAR Champion, Dies at 41

India Responds to Trump’s Repost of Birthright Citizenship Comment

Brian O’Connell is a freelance writer for NTD. He is a content specialist based in Palmas del Mar, Puerto Rico. A former Wall Street trader, he is the author of the books "CNBC’s Creating Wealth" and "The Career Survival Guide." 

Brian O'Connell

Luis Eduardo Martinez is a correspondent for NTD News based in Washington. He holds a master’s degree in International Relations and Democratic Politics from the University of Westminster in London, England.

Luis Eduardo Martinez

An updated GOP tax bill has been approved, as several House Republican deficit hawks serving on the House Budget Committee allowed the legislation to pass late Sunday night.

Reps. Ralph Norman (R-S.C.), Chip Roy (R-Texas), Andrew Clyde (R-Ga.), and Josh Brecheen (R-Okla.), all of whom had voted to block the bill’s passage last Friday, provided the votes needed to advance the legislation during the May 18 session.

The four legislators voted present in the May 18 committee meeting, which allowed the bill to head to the House Committee on Rules for markups and changes this week before a full House of Representatives vote on the legislation due in the coming weeks.

Changes to the bill from the weekend-long negotiations include adjusting Medicaid requirements and reducing green energy incentives.

“Tonight, after a great deal of work and engagement over the weekend, the Budget Committee advanced a reconciliation bill that lays the foundation for much needed tax relief, border security, and important spending reductions and reforms,” Roy stated in a late Sunday night <a href="https://x.com/chiproytx/status/1924296387040080036?s">X post</a>. “Importantly the bill now will move Medicaid work requirements forward and reduces the availability of future subsidies under the green new scam.”
<h2><strong>Key Bill Provisions</strong></h2>
The Budget Committee vote gave the House GOP and President Donald Trump some momentum this week as Republican legislators aim for a pre-Memorial Day vote on the bill.

Among other provisions, the legislation would make the 2017 Tax Cuts and Jobs Act (<a href="https://taxfoundation.org/tags/tax-cuts-and-jobs-act-tcja/">TCJA</a>) permanent, expand the standard reduction, and boost the child tax credit, which would fall from $2,000 to $1,000 by year-end if left unaddressed. The bill also includes a tip and overtime tax cut through 2028 and creates a $4,000 tax deduction for U.S. seniors, but does not include Social Security tax cuts.

As the budget package, which Trump calls “the one big beautiful bill,” continues to face all the necessary legislative hurdles this week, here are five key elements to keep an eye on.
<h2><strong>1. Boosting the Standard Deduction</strong></h2>
The legislation calls for a hike in the standard deduction from 2025 to 2028, as follows:
<ul>
 	<li>Single taxpayers would see their standard deduction rise from $15,000 to $16,000</li>
 	<li>Head of households would see the deduction rise from $22,500 to $24,000</li>
 	<li>Married couples filing jointly would increase from $30,000 to $32,000</li>
</ul>
For example, starting i<span style="color: #000000;">n the 2025 tax year, a single tax filer making $75,000 annually would subtract $16,000 from their income lowering their taxable income to $59,000 under the proposed bill.</span>

The bill also extends the $2,000 Child Tax Credit, which would have otherwise fallen to $1,000 by 2026 if no action was taken. The House GOP also calls for a temporary three-year boost to the Child Tax Credit, from $2,000 to $2,500.
<h2><strong>2. No Social Security Tax Cuts</strong></h2>
Although Trump campaigned to eliminate taxes on Social Security benefits, this provision is absent from the House GOP bill.

“The exclusion is likely due to the Byrd Rule, which restricts what can be included in budget reconciliation bills, particularly provisions that don’t directly affect the federal budget,” said Zachary Hellman, owner at Tax Prep Tech in Los Angeles, via email to NTD. The bill does propose a $4,000 enhanced standard deduction for seniors earning under $75,000, which would provide some relief to qualified retirees.
<h2><strong>3. Addressing Workplace Taxes</strong></h2>
The bill makes tips tax-free by allowing a deduction for "Qualified Tips," defined as any tip received by an individual in an occupation that traditionally and customarily received tips on or before December 31, 2024.

The bill also makes overtime pay tax free, although not for "highly compensated" taxpayers, which is currently defined as anyone making more than $160,000 per year.

Scott Caufield, a registered investment adviser at Sophos Wealth Management in Woodinville, Washington, told NTD via email that given voter support for no tax on tips or overtime, and how often Trump promoted the ideas on the campaign trail, that the provisions “are likely to pass" to a final House vote.
<h2><strong>4. No More 1099-K Reporting Mandate</strong></h2>
The legislation also removes a controversial IRS measure that required any U.S. taxpayer receiving over $600 via digital payment platforms like Venmo or PayPal to report the income on IRS tax form 1099-K. Prior to that rule, payment service recipients only had to report income if they received over 200 digital payments worth more than $20,000 in payments.
<h2><strong>5. Likely Democrat Reaction</strong></h2>
Moving forward to the House Rules Committee vote and the ensuing full House vote by the end of the month, Hellman believes Democrats are likely to oppose provisions they view as favoring the affluent, such as the permanent extension of the 2017 tax cuts and the elimination of green energy credits. He says they're also <span style="color: #000000;">likely to object to proposed cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP), which impact low-income earners.</span>

Additionally, if the bill passes, it’s likely that the more controversial provisions, such as the tax breaks for gun silencers and the elimination of green energy credits, will be removed or modified. “The core elements, such as the extensions of the 2017 tax cuts and the new deductions for tips, overtime, and seniors, are more likely to remain, especially if they garner bipartisan support,” Hellman added.

Latest

Videos

Politics

04_Top Stories

Latest Clips

Management

Congress

Latest and breaking news, documentaries, movies, and lifestyle content on NTD+.
 
Empower your knowledge and elevate your spirit with NTD+, your go-to destination for truthful news, insightful documentaries, and captivating lifestyle content that enriches your life.

Takeaways From Updated House GOP Tax Bill