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).

But the ugly new law is one of the least popular acts ever.

Blackburn: Trump signed a law that cuts your taxes, bolsters border security, and enhances Tennessee jobs, with zero cuts to Medicaid benefits.

Top lobbying firms in Washington reported a surge in cash for the second quarter of the year, as companies, industry groups and others grappled with President Donald Trump's policies and sought to shape his "big,

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.

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.

Student loan restrictions in the new Republican tax and spending law could exacerbate the student loan crisis, and deepen racial and gender wealth gaps.

President Trump’s “big, beautiful bill,” which he signed into law this month, will add $3.4 trillion to the U.S. national debt over the next decade, according to a report the nonpartisan Congressional Budget Office published.