News

How Trump’s Megabill Will and Won’t Change Your Taxes
In addition, the personal exemption, miscellaneous itemized deductions and moving expenses for many filers that were dropped ...
High-income earners to benefit most from megabill tax breaks
Welcome to The Hill’s Business & Economy newsletter{beacon}View Online Business & Economy Business & Economy   The Big Story ...
Institute on Taxation and Economic Policy22h
Megabill Takes Cap Off Unprecedented Private School Voucher Tax Credit, Potentially Raising Cost by Tens of Billions Relative to Earlier Version
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
Tax cuts now, benefit cuts later: The timeline in the Republican megabill
Savings from safety net cuts still are not enough to offset an expensive package of tax breaks projected to add more than $3 ...
House clears key hurdle on tax megabill | The Excerpt
Good morning. I'm Taylor Wilson, and today is Thursday, July 3rd, 2025. This is USA TODAY's The Excerpt. Today the latest on ...
'Selling' the megabill: Republicans tout taxes, Democrats point to Medicaid cuts
Republicans see a lot to celebrate, but Democrats are hoping to build momentum leading into the 2026 midterms.
Rep. Nunn: Trump was 'ecstatic' about passage of tax-cutting megabill
Iowa, joins 'Fox & Friends First' to react to the passage of President Donald Trump's 'big, beautiful bill,' the importance of the legislation and Independence Day celebrations in Iowa.
Here's what's in Trump's GOP megabill and how it will affect Texans
The wide-ranging megabill is the vehicle for much of Trump's domestic policy agenda for his second term in the White House, ...