News

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 ...
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, ...
Senate releases tax plan for Trump bill
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Inside ...
Trump’s Tax Cuts Would Raise Deficit By $2.8 Trillion, New Estimate Suggests
The nonpartisan Congressional Budget Office predicted the megabill would spur economic growth, but this would not be enough ...
Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s big bill
The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...
‘I’m shocked’: Senate wants more Medicaid cuts in Trump’s bill
The Senate released the Medicaid portion of President Donald Trump’s “One Big, Beautiful Bill” this week, proposing steep ...
Florida’s budget: Property tax rebates, sales tax cut fail
The GOP-controlled Legislature failed this spring to adopt its own most-ambitious proposals or those of Republican Gov. Ron ...
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 ...
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 ...