One Big, Beautiful Bill Deserves Another: The Case for Reconciliation 2.0
Nebraska's projected $216 million tax revenue loss stems mainly from expanded federal tax deductions and credits impacting corporate and individual income taxes over two years.
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Rep. Jason Smith: We delivered the largest tax cuts and spending reductions in history
House Ways and Means Committee Chairman Rep. Jason Smith (R-Mo.) joins 'Squawk Box' to discuss the rebranding of Pres. Trump's 'big, beautiful bill', future of Fed independence, whether another reconciliation bill is in store, and more.
One big, beautiful bill deserves another: The case for reconciliation 2.0
On the heels of President Trump’s massive success enacting the One Big Beautiful Bill Act, and as Republicans are touting the its victories at events across their districts, Congress is already turning its attention to a potential second reconciliation plan. But why should Congress even contemplate a second reconciliation bill? And can they even do…
How will Trump’s “One Big Beautiful Bill” impact Alaskans? It’s hard to say.
The Trans-Alaska Pipeline winds through the landscape, seen here at pipeline mile 709.7 along the Richardson Highway south of Copper Center, Alaska on August 13, 2024. (Eric Stone/Alaska Public Media) President Donald Trump’s One Big Beautiful Bill Act that passed in July will likely have sprawling impacts to Alaska, from oil and gas production to a tax cut for whaling captains. But because of the way the nearly one thousand page bill was writte…
‘One Big Beautiful Bill’ Projected To Cost Nebraska Over $216 Million In Tax Revenue
Nebraska Gov. Jim Pillen and State Sen. Rob Clements of Elmwood discuss state investments in public education, July 26, 2023. (Aaron Sanderford / Nebraska Examiner) By Erin BamerNebraska ExaminerLINCOLN — A report from Nebraska’s Department of Revenue projects that the federal budget reconciliation bill will cost state government more than $216 million over the next two years. The department released the analysis as part of a state law that req…
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