Trump, taxes and spending bill
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One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on Social Security benefits.
Republican leaders capitalized Tuesday on the situation to make the case for swift passage of the 1,000-plus-page bill.
President Trump’s new tax bill faces backlash over Medicare and Medicaid cuts. Learn what may change and who’ could be affected.
President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit. A growing number of their Republican colleagues disagree.
Another 5.1 million people would become uninsured from a combination of expiring Affordable Care Act subsidies and new ACA rules that Trump’s health department proposed, the Congressional Budget Office said. Those coverage losses are separate from the CBO’s official score of the tax bill.
La., discusses the president's spending bill, which the CBO says would add $2.4T to the debt over ten years. Sen. Kennedy predicts the bill will ultimately pass.
Senate Republicans are still deeply divided over how to cut the cost of the so-called big beautiful bill. Proposals to eliminate taxes on tips and overtime remain a sticking point.
Experts said the addition of numerous tax breaks provides new ways for people to try to game the system while making it more difficult for everyday Americans to file their returns.