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 Trump administration's 'One, Big, Beautiful Bill' promised to end Social Security taxes. However, it doesn't eliminate them but introduces new deductions for seniors, effectively reducing taxes for many.

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).

An analysis by a think tank found that annual household energy costs in the state will increase $110 by 2030 and $410 by 2035.

President Trump's One Big Beautiful Bill includes several provisions expanding federal subsidies and tax benefits for the oil and gas industry. Among its most significant energy-related provisions, the legislation mandates the resumption of quarterly onshore oil and gas lease sales under the Mineral Leasing Act,