key provisions in Trump's 'big, beautiful bill' take effect
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Congressional Republicans must navigate rescissions bill, government funding and investigations into former President Joe Biden's cognitive state following President Donald Trump's signature legislation.
In the classic Schoolhouse Rock song “I’m Just a Bill,” the bill laments the prospect of waiting with other bills, hoping to become a law. But President Donald Trump’s “Big Beautiful Bill” didn’t have to wait—it sped through Congress in recent days and landed on his desk in time for him to sign it into law by his July 4 deadline.
The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law. That’s going to help nonprofit organizations that rely on donations, and also everyday Americans who are navigating new tax-code complexities within the One Big Beautiful Bill Act that President Donald Trump signed into law on July 4.
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New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.
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
The "big, beautiful bill" signed into law by President Trump last week will allow him to dramatically expand his immigration crackdown.