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Trump, Big Beautiful Bill

Trump’s Tax Bill Expands Farm Subsidies. Not All Farmers Will Benefit.

A $60 billion boost to farm subsidies will be a lifeline to some. But the way the funding will be distributed could worsen disparities between farms in an industry already struggling with consolidation.

CNET on MSN · 2d

Trump's 'Big Beautiful Bill' Makes Sweeping Tax Changes: Here Are the New Deductions You Can Expect

The legislation brings a lot of changes that are worth worrying about, but at least you might be able to get some new tax deductions.

Chicago Tribune · 2d

How one tax change in Trump’s ‘big beautiful bill’ that even Gov. JB Pritzker supports will work

A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker and many other Democrats supported.

Scott Bessent, Trump and Social Security

U.S. News & World Report · 10h

Bessent Calls Trump Baby Accounts 'Backdoor for Privatizing Social Security'

U.S. Treasury Secretary Scott Bessent on Wednesday likened new savings accounts in a bill President Donald Trump this month signed into law to "a backdoor for privatizing Social Security," speaking at an event sponsored by Breitbart.

HuffPost on MSN · 11h

Scott Bessent Calls New Tax Policy 'Backdoor For Privatizing Social Security'

Treasury Secretary Scott Bessent on Wednesday described the tax bill President Donald Trump signed into law this month as a way of eventually privatizing Social Security. The law created a new category of tax-advantaged retirement savings accounts for babies,

The Washington Post on MSN · 12h

Trump’s newborn savings accounts a ‘back door for privatizing Social Security,’ Bessent says

The accounts, known as ‘Trump accounts,’ were set up in the GOP’s new tax and spending law, the One Big Beautiful Bill Act.

11h

Trump tax cut law blows $1.1B 'hole' in Michigan budget, new report warns

A new nonpartisan report concluded President Donald Trump's One Big Beautiful Bill Act would immediately have "a major impact ...

11h

Colorado lawmakers must close new budget gap — reaching nearly $1 billion — caused by Trump tax bill

Even my colleagues don’t realize how brutal it’ll be to cut a billion dollars from a budget that we already cut by a billion ...

12hon MSN

Rep. Blake Moore addresses Epstein files, immigration and Trump’s tax bill during Utah visit

Moore spoke to members of Utah's business community on Wednesday about tax changes in Trump's 'big, beautiful bill' ...

7hon MSN

Medicaid was signed into law 60 years ago. Trump’s big bill is chiseling it back

The Republican Party’s recent tax and spending bill made substantial changes to the landmark safety net programs created by ...

1don MSN

Trump Tax Megalaw Upends Charitable Giving

Nonprofits, already under strain, face “mixed bag” from the law’s changes to giving incentives.

14hon MSN

Little-noticed Medicaid change in Trump’s tax law could burden seniors with thousands in medical debt

A change to Medicaid’s retroactive coverage under the One Big Beautiful Bill Act will disproportionately impact seniors, who ...

Threshold for tax reporting from slot wins raised by Trump tax bill

“While raising the slot reporting threshold to $2,000 is a step in the right direction, it is still inadequate," Titus, a ...

Opinion

The Columbian20hOpinion

Schmidt: Trump tax bill reflects GOP’s ugly priorities

If a budget is a mirror of values, what does the “One Big Beautiful Bill Act” say about America? If you held up the bill to a mirror, most Americans would probably say that what they saw in the reflec ...

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