Taxes July 31, 2025
New Federal School Voucher Program Poses a Quandary for States: Opt In or Opt Out?
A tax credit in Trump’s signature law leaves states to sort out rules, funding, and oversight.
Taxes May 22, 2025
House Passes Sweeping ‘Big, Beautiful Bill’ After Weeks of Arm-Twisting
House Republicans sent to the Senate a filibuster-proof package that would deliver the major elements of President Donald Trump’s legislative agenda, from tax cuts and border security to lifting the nation’s borrowing limit.
Taxes May 22, 2025
Trump Tax Bill Holdouts Lured with SALT Hike, Medicaid Cuts
House Republican leaders released a new version of President Donald Trump’s massive tax-and-spending bill Wednesday night in a bid to win over warring GOP factions to support the legislation.
Taxes May 21, 2025
House Republicans Close in on Deal for $40,000 SALT Cap
Republicans Wednesday were closing in a on deal to raise the cap on deducting state and local taxes to $40,000 a year, a key breakthrough that would boost passage of President Trump’s sprawling budget bill.
Taxes May 21, 2025
Trump’s ‘Big, Beautiful’ Tax Bill Will Add $3.8 Trillion to Deficit, CBO Says
An analysis of the bill by the Congressional Budget Office also found that the lowest-income households will see their resources drop.
Taxes May 20, 2025
Senate Unanimously Passes No Tax on Tips Act
The bill, which eliminates federal tax on tips for hospitality workers and servers, passed via unanimous consent on Tuesday after Democratic Nevada Sen. Jacky Rosen brought it to the floor and no other senator blocked it.
Taxes May 20, 2025
Trump Doesn’t Satisfy GOP Holdouts as Tax-and-Spending Bill Talks Drag On
Republican leaders had hoped the high-profile presidential visit would close deal on Trump-backed “big, beautiful” filibuster-proof reconciliation bill Tuesday.
Taxes May 20, 2025
Trump Pushes Republican Lawmakers to Back Sprawling Tax-and-Spending Bill
President Trump headed to Capitol Hill Tuesday to push squabbling Republican members of Congress in person to set aside differences and pass his sprawling budget bill.
Taxes May 19, 2025
White House Pushes for Quick Approval of ‘Big, Beautiful Bill,’ But Key Hurdles Remain
House Republican leadership is pressing ahead toward a vote on landmark tax-and-spending legislation that would codify President Donald Trump’s agenda this week.
Taxes May 19, 2025
Trump Wanted to End Social Security Taxation, But House Republicans Have Other Ideas
House Republicans have included a proposal in their tax bill to provide a $4,000 federal income tax deduction for lower- and middle-income seniors 65 and over.
Taxes May 18, 2025
New York Republican Pushes for Higher Tax Rate to Pay for SALT
“Allowing the top tax rate to expire—returning from 37% to 39.6% for individuals earning more than $609,350 and married couples earning more than $731,200—breathes $300 billion of new life into the effort." Rep. Nick LaLota posted on X.
Taxes May 16, 2025
Rep. Andrew Clyde, Other Rebel Republicans Derail Trump’s ‘Big, Beautiful Bill’
Although Clyde and other conservatives support the tax cuts in this package, they said they worry that the GOP plan doesn’t go far enough to cut spending and change how Medicaid works.
Taxes May 16, 2025
Trump’s ‘Big, Beautiful’ Budget Package Bottled Up in House Committee, for Now
House Republican leaders couldn’t nail down the votes needed to advance the GOP’s giant budget reconciliation bill out of the Budget Committee on Friday in the face of opposition from a handful of hard-line Freedom Caucus members.