Trump, tax deductions and big beautiful bill
Digest more
President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but the bill says otherwise.
Medicaid is the state's largest health insurer, covering a quarter of Michigan residents. Reform supporters say the changes will eliminate loopholes.
Big beautiful bill extends tax cuts, rates from 2017. The bill permanently extends the tax cuts introduced in the 2017 Tax Cuts and Jobs Act, which were set to expire this year.
Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings, down from current law that allows them to earn 100% back.
Experts and advocates warn that it could have dire consequences for Alabama’s tenuous rural healthcare situation.
Some of the bill’s changes go into effect later this year, while others won’t start until after the midterms in 2026.
Arizonans will see major changes to Medicaid, tax cuts and food stamps after Trump's Big Beautiful Bill passed. The Gaggle dives into the details.
A new R&D expense policy in the OBBB could increase free cash flow for software companies.
Feedback