News

Senate Republicans Propose Gutting Medicaid Further To Make Trump Tax Cuts Permanent
The Senate Finance Committee, which oversees changes made to taxes and social safety net programs like Medicare and Medicaid, ...
Trump's Social Security tax cut unlikely, but seniors may get $4,000 'bonus' deduction
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 ...
What will happen to food assistance under Trump’s tax cut plan? A look at the numbers
President Trump’s plan to cut taxes by trillions of dollars could also trim billions in spending from social safety net ...
Bessent Sees Deficit Falling Over 10 Years After Tax-Cut Bill
Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ ...
Deeper Medicaid cuts, limited tax breaks for tips: What's in the Senate tax bill
The House-passed version of the bill would extend Trump's 2017 income tax cuts and implement new temporary tax breaks for ...
Extend the tax cuts? Sure, but don’t expect ‘Big, Beautiful’ growth
Congress needs to do the work and revise the bill so that it does produce growth and offsets the debt accumulation.
Hungary Approves Orban's 2026 Budget With Tax Cuts Despite Fiscal Risks
Hungary is targeting a budget deficit of 3.7% of output next year, compared with an estimated 4.1% gap in 2025. The European ...
Republican tax cut calls for shielding retirement income from Wisconsin income taxes
Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from ...