Russell Vought on Trump’s Megabill: 'There’s Like_ No Downside'

There are some tax benefits for the middle class in Trump's big bill. Here's what to know

President Trump's policy agenda is now the law of the land. It’s time to put aside the political debate and start to look at how this bill will impact taxes for middle-income families over the next few years.

Rooftop solar braces for fallout from Trump’s megabill

Emily Walker has been tracking the damage the Republican megabill will do to a solar industry that’s helped roughly 5.4 million households put panels on their rooftops. It isn’t pretty. “This is a net harm for the industry, especially for the long-tail installers and the small local businesses that have built this…

Trump’s auto loan tax break could save working class buyers thousands, experts say

A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028, according to industry experts. The break comes via a provision in the Republicans’ One Big Beautiful Bill Act, a massive tax cut and spending package signed into law by President Donald Trump on July 4. “Auto buyers got an above-the-line tax deduction. That’s a rare beast in …

Video What it took for the Senate to pass Trump’s megabill

Mark Bednar, a previous aide to former House Speaker Kevin McCarthy, spoke to ABC News about what it took for the Senate to pass President Donald Trump’s megabill.

Russell Vought on Trump’s megabill: 'There’s like_ no downside'

Trump budget chief Russell Vought proclaimed that there were no “downsides” to the “big, beautiful bill” in a Fox Business appearance Monday, the latest in a series of praises for the GOP’s landmark piece of legislation. “It is a

Massive Budget Law Includes Numerous Business Tax Provisions | Hoberman & Lesser

The new One, Big, Beautiful Bill Act (OBBBA) is packed with tax provisions that will affect U.S. and foreign businesses, making permanent, or at least extending, many provisions that were scheduled to expire at the end of the year. Here's an overview of the key business provisions to help you optimize your mid-year tax planning