tax cut, One Big Beautiful Bill
Digest more
Lawmakers, trade professionals and professional bettors worry about a new Republican provision that will reduce the deduction for gambling losses.
The One Big Beautiful Bill Act, signed into law on July 4, delivers $66B in new agricultural investments over 10 years, strengthening farm safety net programs, enhancing crop insurance, boosting disaster aid,
OBBB Act updates key tax rules for condo owners, including higher standard deductions, a $750,000 mortgage interest limit, and a $40,000 SALT cap. Owners should consult tax professionals and update offering plans accordingly.
Partisans will disagree over how "beautiful" President Donald Trump’s "Big Beautiful Bill" is. But there’s little question that Trump’s signature tax and spending legislation is "big." Since Trump signed the legislation July 4,
Welcome to Trendlines, your weekly installment of what’s trending up and what’s trending down in the world of sports.
From increased deductions on mortgage interest to more incentives for low-income housing construction, the 'Big Beautiful Bill' features several provisions that impact the housing market.
Senate Republicans face setback as parliamentarian removes controversial Medicaid changes from President Donald Trump's bill, including provider tax rate crackdown that divided GOP lawmakers.
In my view, the “big, beautiful bill” represents a missed opportunity to leverage fiscal policy to address the American wealth and income gap. Instead of investing in programs to lift up low- and middle-income Americans, the bill emphasizes a regressive approach that will further enrich the wealthy and deepen existing inequalities.