However, while the House of Representatives did pass a budget resolution, this resolution did not provide funding to federal agencies or change tax law. Therefore, it did not and could not abolish taxes on income from tips, overtime work or Social Security.

Trump promised to eliminate taxes on tips, overtime and more during his campaign. On Feb. 25, a budget resolution passed that could help him deliver.

The House of Representatives passed a budget resolution establishing the congressional budget for the fiscal year 2025.

Congress kicked off the reconciliation process this week when the Senate and House each passed their own budget resolutions. The bills vary substantially, and to move forward, they must match. The Senate resolution focuses on the border,

Lawmakers have narrowly passed a budget resolution in the House of Representatives in the first major congressional win for President Donald Trump and the Republican Party. But will Social Security be impacted?

The framework that passed on Tuesday is only a budget resolution to set overall targets for the future and does not change tax law. Here's what's next.

The U.S. House of Representatives’ budget resolution is not law and does not include provisions on specific tax cuts, contrary to posts online that say Democrats voted against eliminating taxes on tips and overtime pay.

A budget resolution was passed, giving way to Donald Trump’s bill seeking $4.5 trillion in tax breaks and $2 trillion in spending cuts over the next 10 years.