Donald Trump, Senate and tax cut
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Securing American Greatness launches ad campaign supporting Trump's landmark tax cut legislation, highlighting benefits for working families while targeting key lawmakers
The Senate’s draft tax bill calls for increasing an investment credit for semiconductor manufacturers, a potential boon for chipmakers that the Trump administration is urging to increase the size of their US projects.
The legislation keeps some House provisions, like new Medicaid rules, while making significant changes in other areas, including Medicare and the state and local tax deduction.
Shorter tax credit deadlines proposed in Trump's tax bill would derail swathes of green hydrogen projects and severely curb hydrogen investment in the United States, industry experts warn.
WASHINGTON -- The Senate is expected to approve legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what is expected to be a wave of crypto legislation from Congress that the industry hopes will bolster its legitimacy and reassure consumers.
Democrats have a daunting messaging task that’s nearly as colossal as President Donald Trump’s sprawling tax and spending bill. The more than 1,000-page legislation, which touches on everything from Medicaid and taxes to artificial intelligence,
Trump proposed doing away with taxes on Social Security benefits. Not only are taxes on Social Security income complicated, they can significantly reduce the value of each retiree's monthly checks. But in the version of the new tax bill the House of Representatives just passed last month, there's no tax cut on Social Security benefits at all.