Trump, House and One Big Beautiful Bill
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The package contains a range of measures, including increased spending for the U.S. military and border security and tax cuts.
The House of Representatives passed a massive piece of legislation advancing President Donald Trump's agenda early on Thursday morning.
The House early Thursday passed President Donald Trump's legislative agenda bill after easing some Republican opposition in the chamber, sending it to the Senate.
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Trump offered few details at the time, but later made similar pledges to eliminate taxes on other forms of income, including overtime wages and Social Security payments. Those ideas, along with a tax deduction for auto loan interest, are also included in the GOP’s budget bill.
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Trump’s Bill Changes How Student Loan Amounts Are Calculated. The bill proposes changing the formula for how much the federal government grants borrowers. Loans would now be cal
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
The carried interest loophole refers to a provision in the U.S. tax code that allows investment fund managers, like private equity executives, to pay a lower tax rate than normal,
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