News

GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
How a GOP rift over tech regulation doomed a ban on state AI laws in Trump’s tax bill
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives ...
Student loans, gun silencers and a space shuttle: See surprises found in Senate tax bill
From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
Chip Roy slams Senate changes to Big Beautiful Bill as GOP leaders push for final passage
As House Republican leaders sought Wednesday to pull the One Big Beautiful Bill across the finish line, they ran up against a ...
Despite last-minute changes, Senate budget bill deals big blow to renewable energy
The Senate bill effectively phases out renewable energy tax credits after 2026 if projects haven't started construction.
What Southern California can expect from the Senate version of the ‘big beautiful’ spending bill
A cap on state and local tax deductions, slashes to Medicaid, increased immigration enforcement and more are included in the ...
Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats
The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects ...