A year in, here's how Trump's tax law is affecting your budget
Americans got bigger tax refunds following passage of the One Big Beautiful Bill Act, but deficits rose, and the social safety net weakened.

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Americans got bigger tax refunds following passage of the One Big Beautiful Bill Act, but deficits rose, and the social safety net weakened.
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.

Trump's tax break on tips has a catch. Here's what to know.
Republicans are hoping a new name, along with larger refunds for many Americans next year, can buoy an economic agenda that polls show is unpopular.

From "no tax on tips†to the $6,000 "senior bonus,†state lawmakers are integrating components of the One Big Beautiful Bill into their respective tax code…
The nonpartisan Congressional Budget Office has an estimate of how much Americans stand to gain - or lose - from the new law.
Starting Jan. 1, US companies will no longer be able to deduct the cost of snacks, coffee or on-site lunches provided to employees.

The changes were secured by congressional Republicans who represent high-tax states.
The GOP tax bill is deeply unpopular, but Republicans still have an opportunity to influence public perception because many Americans know little about it.
Republicans are gutting subsidies for the fastest growing sources of U.S. electricity, solar and wind. Among the biggest winners will be China.
Borelli tore into comments Tanden made in 2017

As the Senate prepares to vote on a key piece of the president's domestic agenda, prominent critics, including Elon Musk, are speaking out.

The legislation would cause the national debt to soar even more than previous estimates, according to new projections released Sunday.
The White House wants more exports and fewer imports. But bigger budget deficits typically mean the opposite.
Lawmakers are hoping to push the president's massive tax and immigration agenda through a high-wire procedural vote.
Tobacco firms have spent millions of dollars in a fight over a tax rebate for cigarette importers in Republicans' massive tax and spending package.
President Donald Trump likes to say he's bringing in trillions of dollars in investments from foreign countries
Trump and Republicans' bill would add $3 trillion to the national debt over 10 years, according to the nonpartisan Congressional Budget Office.
Investors are no longer confident that the U.S. will manage its finances responsibly over the long term.
The Tesla CEO is giving support to a number of Senate fiscal hawks.
'We should never apologize for supporting policies that strengthen families.'

President Trump's tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high amid growing worries over U.S. debt.
Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips and health care.
House GOP leaders unveiled an updated version of the measure, hoping it would win the votes of holdouts.

Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America's debt pile.

Moody's downgrade of U.S. credit on Friday helped put into focus the U.S. government's ballooning budget deficit and President Donald Trump's hopes to add tril…
GOP lawmakers prioritize politics over economic growth.
Economic upheaval caused by the pandemic has clouded analysts' ability to understand the effects of the 2017 tax law. Republicans call it a huge success and wa…
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