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Trump Tax Bill Would Widen Deficits by $2.8T

CNN on MSN · 2d

Trump is counting on economic growth to offset tax cuts. But his ‘big, beautiful bill’ likely wouldn’t deliver, experts say

President Donald Trump and congressional Republicans are promising that their sweeping tax and spending cuts package will usher in an era of historic economic growth.

The Hill on MSN · 2d

Senate scales back additional Trump tax cuts in its version of ‘big, beautiful bill’

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed. The Senate Finance

U.S. News & World Report · 2d

Trump Tax Bill Would Widen Deficits by $2.8T After Factoring in Economic Impacts, CBO Says

President Donald Trump’s tax and budget bill would increase deficits by $2.8 trillion over the next decade after factoring in other economic effects

2hon MSN

Some US restaurants and servers oppose Republicans’ ‘no tax on tips’ budget proposal

Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on ...

1don MSN

‘Most taxpayers will see a cut': Senate's tax plan for Trump's spending package would permanently extend TCJA cuts

Among the core principles of both the House and Senate versions of the budget bill is permanently extending Trump’s 2017 tax ...

Edmonton Journal on MSN1h

Alberta's promised income tax cut is coming in July — here's what you need to know

Albertans can expect to see the province’s promised tax cut on their paycheques next month.

5don MSN

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 ...

1don MSN

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 ...

2don MSN

Deeper Medicaid cuts, limited tax breaks for tips: What's in the Senate tax bill

The House-passed version of the bill would extend Trump's 2017 income tax cuts and implement new temporary tax breaks for ...

7don MSN

Bessent Sees Deficit Falling Over 10 Years After Tax-Cut Bill

Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ ...

1d

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 ...

3d

Republican tax cut calls for shielding retirement income from Wisconsin income taxes

Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from ...

22hon MSN

Senate GOP seeks to reward oil drillers amid deep cuts to wind and solar

The Senate version of President Donald Trump’s tax-cutting bill slashes green energy tax credits but contains generous ...

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