Trump, Beautiful Bill and tax deductions
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Tesla's website currently displays a banner warning customers that the EV tax credit will come to an end in September.
President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but the bill says otherwise.
Medicaid is the state's largest health insurer, covering a quarter of Michigan residents. Reform supporters say the changes will eliminate loopholes.
Big beautiful bill extends tax cuts, rates from 2017. The bill permanently extends the tax cuts introduced in the 2017 Tax Cuts and Jobs Act, which were set to expire this year.
Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings, down from current law that allows them to earn 100% back.
Democratic House members took turns blasting the tax and spending cut bill passed by President Trump and Republicans last week.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits
Experts and advocates warn that it could have dire consequences for Alabama’s tenuous rural healthcare situation.
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