A federal judge has issued a partial block of a provision in President Donald Trump's massive tax and spending cuts bill that sought to defund Planned Parenthood.

Republicans’ “big, beautiful” law will add $3.394 trillion to deficits during the next decade and lead 10 million people to lose access to health insurance, according to an analysis released Monday by the nonpartisan Congressional Budget Office.

The recent tax measures introduced by President Donald Trump have sparked debate over their impact on American finances, particularly for seniors, and the sustainability of vital federal programs like Social Security and Medicare.

Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — with full disqualification at incomes above $175,000 for individuals and $250,000 for couples — the Urban-Brookings Tax Policy Center projects that middle- and upper-middle-income households stand to gain the most.

WASHINGTON — President Trump’s major domestic policy law will result in nearly 10 million more people going without health insurance by 2034, according to the Congressional Budget Office’s estimate on the final law.

The White House touts President Trump's six-month achievements in tax cuts, job growth, and regulatory reforms.

President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.

President Donald Trump’s promise to eliminate the tax on Social Security benefits was a key talking point in his 2024 campaign. The recent tax reform bill, signed into law on July 4, 2025, takes a significant step towards this goal,

The sweeping tax and spending cuts package that President Donald Trump signed into law on July 4 is expected to leave 10 million more people without health insurance in 2034, according to a Congressional Budget Office estimate released Monday.