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New analysis: More debt but fewer health care cuts in Trump's 'big, beautiful bill'
A new report finds that President Donald Trump's One Big Beautiful Bill Act could add $100 billion more to the debt than expected, while 10 million people are expected to lose their health care coverage.
The "One Big Beautiful Bill" is phasing out energy tax credits that Iowa utilities rely on. Here's how much those changes could increase your bill.
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How the One Big Beautiful Bill Act will impact green energy investments in the Lehigh Valley
Green energy proponents are rushing to complete projects after the recently passed federal budget bill set expiration dates for tax credits that had spurred investment in technologies including electric vehicles and solar installations.
Millions of American babies are eligible for "Trump Accounts" under the One Big Beautiful Bill Act that was signed into law by President Trump on July 4.
President Donald Trump’s sweeping tax and spending law, known as the “One Big Beautiful Bill Act,” will make permanent large tax cuts from the president’s first term. And it makes good on a campaign
Rolling back the green energy subsidies will help pay for President Donald Trump’s tax cuts and policy priorities, including more border security. So, the electric vehicle tax credit will now end
As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).
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.