Breaking Down Trump’s Big Beautiful Bill
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A provision tucked inside President Trump’s so-called “big, beautiful bill” will make it harder for thousands of aspiring doctors to finance their education as the country faces a growing shortage in that profession.
The One Big Beautiful Bill Act is temporarily raising 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 generous write-off, which is often referred to as the SALT deduction.
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RALEIGH, N.C. How should the American right view the passage of President Trumps signature tax and budget law? Is it really, as Republicans came to
But the ugly new law is one of the least popular acts ever.
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Although the Senate killed some of the House's ideas to improve health savings accounts, the final legislation does expand access. That's a win-win.
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Contained in the new federal spending law formerly known as the "Big Beautiful Bill" is funding for 17 icebreakers, 21 cutters, more than 40 helicopters and six large patrol airplanes, Coast Guard officials said. It could take as long as 15 years to get the first of the large ships commissioned, according to government estimates.
Bettors can still deduct losses from wins within a single session of play. But the Internal Revenue Service ( irs) is unlikely to let punters treat a full year, or arguably even a week, as one session. In the meantime, some sports bettors are placing their hopes on a potential loophole presented by a disruptive new entrant to the industry.
The "big, beautiful bill" signed into law by President Trump last week will allow him to dramatically expand his immigration crackdown.