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No. It creates a deduction up to $25,000 but other taxes like Social Security and state taxes still apply. It also sunsets in 2028.
Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable ...
The tax and spending bill allotted $1 billion for the X-37B military spacecraft program, while deducting crucial finances in unwelcome provisions.
Clean energy companies are asking California leaders for help getting their projects going before changes to federal ...
Years after Aubrey O’Day and Donald Trump Jr. had an alleged romance amid his marriage to Vanessa Trump, she has shared insight to the affair.
Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President ...
Signed by Trump on July 4, 2025, the 'One Big Beautiful Bill Act' brings major student loan reforms. Here’s what students and families need to know.
Some Republicans are eyeing an extension of a key policy of the Affordable Care Act that is set to expire this year.
At a Pittsburgh summit, the Trump administration, energy executives, and tech barons joined as one to promote AI as the ...
While advocates focused on Planned Parenthood, the bill did not mention it by name. Instead, it cut off reimbursements for ...
When we build government services that actually serve people, we don’t just create programs — we restore faith in the possibility that our institutions can be a force for good in people’s lives.