DOGE, Trump and United States Senate
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President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.
The measure raises taxes on the endowments of the nation's largest universities but not those of private charitable foundations.
The president’s signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire.
Trump's legislation narrowly cleared Congress. Now the administration is facing the challenge of selling it to the public.
All solar and wind energy projects on federal lands and waters must be personally approved by Interior Secretary Doug Burgum.
US annual clean-energy installations will plunge 41% after 2027, due to the rapid phase-out of wind and solar tax credits in President Donald Trump’s sweeping economic legislation.
Democrats are poised to contest the Republican talking points about the "big, beautiful bill" at every turn, emphasizing the cuts to Medicaid.
Key provisions in the president’s signature legislation will take effect at different times over several years.
Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.
Experts are now debating if the elimination will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own. Trump’s bill won’t go into effect until Dec.