Trump, Tax and House Republicans
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Historically, bond investors more or less swallow the debt the U.S. government takes on, but this time they may be less inclined to do so.
The Republican tax bill looks very different depending on your income—and your political lens.
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald Trump’s budget.
So-called MAGA accounts would do little to provide immediate financial relief to families and could worsen wealth inequality, researchers and family advocates said. They favored enhancing the child tax credit.
Kevin O'Leary dubs the reconciliation bill as a "big, ugly piece" of legislation, putting a new provision that gives the IRS "unprecedented" new powers in his crosshairs.
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Maryland Rep. Andy Harris, the Eastern Shore Republican who chairs the House Freedom Caucus, is not fully on board with President Donald Trump’s tax bill. In an X post Tuesday night, Harris said the multitrillion-dollar effort — which House Republicans have sought to pay for by cutting Medicaid,
The fine print on President Donald Trump’s “big, beautiful” tax and spending bill means “taxpayers have extra homework to do,” one expert said.
A new GOP tax bill could let the Treasury Secretary revoke nonprofit status putting Public Service Loan Forgiveness at risk for thousands of student loan borrowers.