Experts: Trump's Budget Bill Would Cost an Infant in a Low-Income Family $14,100, While Rich 70-Year-Old Gains $120,000

Deadly shooting at Chicago park leaves 15-year-old killed, 14-year-old hospitalized

What to KnowThe U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, which will implement the Geneva consensus, according to a statement released by China’s Ministry of Commerce Friday afternoon.President Donald Trump held an event to tout the Republican domestic policy bill as the Senate races to pass the sweeping legislation. In his remarks, Trump falsely claimed that the …

Experts: Trump's budget bill would cost an infant in a low-income family $14,100, while rich 70-year-old gains $120,000

As lawmakers get closer to the Republicans’ goal date to pass the “Big Beautiful Bill” budget legislation this Friday, experts are warning that it could essentially take from infants to fill older Americans’ bank accounts.

Trump’s budget plan shifts wealth from young to old, analysts say - Hawaii Tribune-Herald

WASHINGTON — U.S. President Donald Trump’s sweeping tax-cut legislation would effectively transfer wealth from younger Americans to older generations, nonpartisan analysts say.

GOP budget bill could transfer wealth from young Americans to older generations, study finds

Older, wealthier Americans would see the biggest lifetime benefit from the Republican budget bill, while younger generations could see losses, a new analysis says.

The Silver Tsunami: What $45 trillion wealth transfer means for firms and families

The $45 trillion great wealth transfer aka The Silver Tsunami holds significant implications for investors, advisors, and families. This monumental transfer of wealth is not only a financial event but a cultural and societal one. As Baby Boomers pass their assets to younger generations, the values, priorities, and financial behaviors of these inheritors will shape the future economic landscape. According to…