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Story summary
- House Majority Leader Steve Scalise floated a fourth budget reconciliation bill with additional pro-growth tax cuts.
- Senator Josh Hawley introduced legislation to give $600 tariff rebates to each American and dependent children.
- Commerce Department said the consumption expenditures price index rose 0.2% in August, yielding a 3.7% annual inflation rate.
- Economic growth slowed to 1.5% in Q2 2026, down from 2.1% in Q1.
