Trump, Medicaid and Tax Bill
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Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping deregulation that he says will expand America’s economy. He has fashioned his steep, worldwide tariffs as a political cudgel that will raise money, encourage more domestic manufacturing and improve U.S. trade relationships.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story How Trump’s big bill could affect your taxes President Trump’s
Voters will be asked in November to approve raise the exemption from $100,000 to $140,000 for all homeowners and to $200,000 for Texans with disabilities
Elon Musk says in an interview excerpt that he was “disappointed” in the U.S. House GOP’s massive legislative package of tax cuts, border funding and more of President Donald Trump’s
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a change that top earners will likely benefit the most from. Republicans in the lower chamber advanced their version of President Donald Trump’s "big,
Conservative frustrations are boiling over Congress’ lack of action to codify spending cuts pursued by President Trump’s Department of Government Efficiency (DOGE). Tech billionaire Elon Musk —
The initiative aims to measure if lower taxes could drive higher employment as Norway's government explores ways to boost participation in the labor market.
The final proposed 2025-26 spending plan that takes effect July 1 reduces the state’s highest marginal income tax rate to 6% from 6.2%. $35 million for the state Department of Transportation to cover Hurricane Helene expenses; $80 million for the Department of Commerce’s Locate SC program, which prepares sites for development;