One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on Social Security benefits.

The Senate Finance Committee, which oversees changes made to taxes and social safety net programs like Medicare and Medicaid,

The nonpartisan Congressional Budget Office predicted the megabill would spur economic growth, but this would not be enough to offset the rising deficit.

Senate Republicans propose to cut trillions of dollars in taxes for households and businesses in their version of President Donald Trump’s signature economic package, a plan that comes at the expense of curbing health coverage for some low-income Americans and adding to US deficits.

The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing quick blowback from GOP lawmakers from New York and other high-tax states.

The Senate released the Medicaid portion of President Donald Trump’s “One Big, Beautiful Bill” this week, proposing steep cuts to the healthcare program amid pushback from moderate

The GOP-controlled Legislature failed this spring to adopt its own most-ambitious proposals or those of Republican Gov. Ron DeSantis when it came to tax relief for residents.

State Rep. Danny Nix (R-Port Charlotte) said even though property tax reform didn’t happen over the last 100-plus days of session, it remains on the table for next year.

Hungary is targeting a budget deficit of 3.7% of output next year, compared with an estimated 4.1% gap in 2025. The European Commission sees the shortfall at 4.6% this year, rising to 4.7% in 2026.