Trump, Gamblers and Beautiful Bill
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An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.
Santa Clara County officials fear that Republicans’ “big, beautiful bill” will rip a “seismic tear” in the country’s social safety net as they brace for more than $1 billion in lost federal revenues locally over the next few years.
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.
The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan interest of up to $10,000 annually for qualified vehicles.
A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will benefit the most.
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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.
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
8hon MSN
The GOP's recently passed budget bill means significant changes for ACA policyholders, including stricter enrollment requirements, restricted subsidies, and more.