News

Trump's tariffs and tax bill look like a 'Greek tragedy' that could tank the economy and stocks, former IMF official warns
Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher ...
GOP tax bill would cost poor Americans $1,600 a year and boost highest earners by $12,000, CBO says
The Republican tax bill approved by the U.S. House of Representatives would cost the poorest Americans roughly $1,600 a year ...
Medicaid 'churn': How working Illinoisians could lose coverage under Trump tax bill
Analysts say some working-class Americans who qualify for Medicaid could lose coverage because of churn from more frequent ...
Tax Breaks for 529 College-Savings Plans Expand in GOP Tax Bill
Savers might soon be able to use popular plans for much more than college.
US Senate Seeks to Add Expanded Compensation for Nuclear Radiation Victims to Tax Bill
The U.S. Senate has added language to the major tax and budget policy bill that would restart and expand a compensation ...
US Senate Republicans Seek to Limit Judges' Power Via Trump's Tax-Cut Bill
Text of the Republican-led U.S. Senate Judiciary Committee's contribution to the bill released by its chair, Senator Chuck ...
Bessent says Republican tax bill will reclaim US corporate tax sovereignty
U.S. Treasury Secretary Scott Bessent said that the Republican tax and spending bill under consideration will prevent ...
Republicans dismiss White House claim that Trump’s tariffs will pay for his tax bill
The White House's notion of offsetting tax cuts with a tax increase via tariffs, paid by consumers, is a conflicting one, ...
The History of the Low-Income Housing Tax Credit—And How it Could Improve Trump’s ‘Big Beautiful Bill’
Expanding the Low-Income Housing Tax Credit could make a successful program even better—and address a major crisis.
Millions of Acres of Public Land Sales Slated for Tax Bill
The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald Trump’s ...