Trump, tax and spending bill
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President Donald Trump's second term continues to spark emotions - most recently with the approval of his controversial "One, Big, Beautiful Bill." What the polls reveal.
Democratic Party officials are looking at the Big Beautiful Bill as a political gift and hoping voters view cuts to social spending negatively. But the party faces challenges ahead of the midterms, including a Republican trifecta and a base questioning if party leadership is doing enough to challenge President Trump.
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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PCMag on MSNInterested in Clean-Energy Tax Credits? The Clock Is Ticking Thanks to Trump’s 'Big Beautiful Bill'You now have less than six months to claim a tax break for a heat pump, solar panels, and other expenses to make your abode greener.
Medicaid cuts from President Trump's "big, beautiful bill" will not take effect until after the midterms. However, there is concern in the GOP over how the megabill will impact the 2026 elections. Punchbowl News co-founder Jake Sherman,
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The megalaw reduces the number of federal student loan repayment options and places a cap on how much individuals can can borrow for higher education.
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Nearly half of residential properties in San Jose, Sunnyvale and Santa Clara — 47.9% — have annual property-tax bills of at least $10,000. That’s on top of state income taxes the homeowners are paying, which can also be deducted under SALT rules.
Many filers won’t be able to take full advantage of expanded deductions in the recently passed tax law.
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.