Trump Celebrates Big Beautiful Bill
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Americans are just learning what's included in the One Big Beautiful Bill. So GOBankingRates asked ChatGPT what the bill means for the middle class's taxes.
President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
If you’re banking on tax-free overtime to boost your paycheck, you’re out of luck. Trump’s “big beautiful bill” doesn’t change what you’re paid; it changes what you’re taxed. That happens at tax time, not on payday. Employers will keep withholding taxes as usual, and it’s up to you to apply the deduction — if you qualify — when you file.
Democrats are poised to contest the Republican talking points at every turn, emphasizing the cuts to Medicaid, as the two parties ready for next year's midterm elections.
Colleges and universities will also take a hit, as will taxpayers who depend on Medicaid, food assistance and owe money on their student loans.
The legislation will decrease the amount of money graduate students can receive for federal student loans, impose new limits on Pell Grant recipients, and increase taxes on schools with high endowment-to-student ratios,
With the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, this note discusses some of the implications for energy broadly and the energy infrastructure space. Read more
No tax on auto loans? No more EV credits? No more CAFE rules? It’s all complicated, and we’ve got it all broken down.
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Clean energy tax credits ending in December under One Big Beautiful BillHow much Trump's 'big beautiful' bill could raise electricity costs in every U.S. state over the next 10 years Téa Leoni and Tom Daly Are Married! Couple Weds in Ceremony Surrounded by Family
Republicans will probably lose the House in 2026 even if the Trump megabill’s devastating cuts aren’t immediately apparent.