Trump, budget bill
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The Senate passed Trump’s so-called “big, beautiful bill” after a 26-hour marathon of negotiations during which Alaska Senator Lisa Murkowski, as she put it later, “struggled mightily” to soften the biggest funding blows to her state before ultimately casting a vote that guaranteed its passage.
The "big, beautiful bill" signed into law by President Trump last week will allow him to dramatically expand his immigration crackdown.
The sweeping bill that will cut taxes and impact funding to social programs was passed in the House by a vote of 218-214 on Thursday, July 3.
The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law. That’s going to help nonprofit organizations that rely on donations, and also everyday Americans who are navigating new tax-code complexities within the One Big Beautiful Bill Act that President Donald Trump signed into law on July 4.
New tax provisions could help startups get acquired faster and bring bigger tax-free gains to investors.
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President Donald Trump’s approval rating has declined over the past month amid the passage of the 'Big Beautiful Bill.'
The One Big Beautiful Bill Act is temporarily quadrupling 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 write-off, which is popularly referred to as the SALT deduction.