Effects of Trump's 'big, beautiful bill' will be seen soon
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13hon MSNOpinion
A reader says government leaders must advocate for policies that benefit all citizens, not just the privileged few.
Texas avoided some steeper Medicaid cuts, but hundreds of thousands of Texans are still projected to lose health coverage due to the new law.
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).
Lawmakers, trade professionals and professional bettors worry about a new Republican provision that will reduce the deduction for gambling losses.
Student loan restrictions in the new Republican tax and spending law could exacerbate the student loan crisis, and deepen racial and gender wealth gaps.
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The national partisan divide over the One Big Beautiful Bill Act extends to Stark County's congressional delegation.
An analysis by the Maryland Department of Health projects an annual loss of $2.7 billion because of changes to Medicaid.