Trump, Big Beautiful Bill
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The "big, beautiful bill" signed into law by President Trump last week will allow him to dramatically expand his immigration crackdown.
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Tesla's website currently displays a banner warning customers that the EV tax credit will come to an end in September.
Contained in the new federal spending law formerly known as the "Big Beautiful Bill" is funding for 17 icebreakers, 21 cutters, more than 40 helicopters and six large patrol airplanes, Coast Guard officials said. It could take as long as 15 years to get the first of the large ships commissioned, according to government estimates.
The tax and spending package includes $66.4 billion in new money for programs assisting farmers, strengthening the safety net if there is significant volatility in crop prices and revenues.
Vice President JD Vance is hitting the road on Wednesday to tout President Donald Trump’s agenda bill in the key battleground state of Pennsylvania, according to an official in Vance’s office.
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The One Big Beautiful Bill Act is temporarily raising the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it’s up to taxpayers to see if they can take advantage of this extra generous write-off, which is often referred to as the SALT deduction.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits