Latest action: Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Reduces tariffs to help American businesses grow and create jobs.
The problem
High tariffs increase costs for American businesses and consumers. This may slow economic growth and job creation in the United States.
The proposal
The bill would lower tariffs on imported goods. It aims to make products cheaper and help American companies compete better globally.
The impact
Businesses, workers, and consumers would face lower costs. American manufacturers might face more foreign competition. Jobs could increase or decrease depending on industry.
Companies that buy imported materials would pay less. This saves money they can use to hire workers or invest in growth.
Lower tariffs mean imported goods cost less in stores. Families could save money on everyday items.
Reducing tariffs might improve relations with other countries. This could lead to better deals for American exporters.
Lower input costs help American companies compete globally. Businesses can sell products worldwide at better prices.
American factories might close if foreign competition increases. Workers in manufacturing could lose jobs.
Tariffs currently bring money to the government. Lowering them means less tax income for federal programs.
Some foreign countries may use unfair trade practices. Lowering tariffs could hurt American workers trying to compete.
Small American manufacturers may struggle against cheap imports. They might not survive increased foreign competition.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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