News

Tax Cuts, Student Loans, Medicaid: What’s in the Senate GOP’s Megabill
The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income ...
Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats
The Senate approved the Republican budget bill as President Trump and GOP lawmakers move to dismantle the 2022 climate law ...
Senate removes excise tax on renewable energy industry from Trump domestic policy bill
The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.
Student loans, gun silencers and a space shuttle: See surprises found in Senate tax bill
From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
Trump Signs ‘Big, Beautiful Bill’ Into Law in July Fourth Ceremony
WASHINGTON—President Trump’s “one big, beautiful bill” is now law. In a splashy Fourth of July ceremony, with a B-2 stealth ...