Trump, bill and child tax credit
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3hon MSN
President Donald Trump’s "big beautiful bill" will add $3.4 trillion to the U.S. national debt over the next decade, according to the nonpartisan Congressional Budget Office.
10hon MSN
Millions of American babies are eligible for "Trump Accounts" under the One Big Beautiful Bill Act that was signed into law by President Trump on July 4.
The Fed’s policy stance remains skewed toward potential rate cuts, creating a supportive backdrop for municipal bonds. Click to read.
Rolling back the green energy subsidies will help pay for President Donald Trump’s tax cuts and policy priorities, including more border security. So, the electric vehicle tax credit will now end
As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).
Experts are now debating if the elimination will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own. Trump’s bill won’t go into effect until Dec.
Republicans, including Senate Minority Leader John Braun, have cheered on the bill for offering tax breaks to middle-class residents.
5don MSN
GOP chair Michael Whatley touts Trump's domestic policy package as the embodiment of Republican promises on economy, border security and defense ahead of the 2026 midterm elections