Republican Factions Gawk at Senate's Tax, Medicaid Changes to 'Big, Beautiful Bill'
UNITED STATES, JUN 17 – Senate Republicans consider extending 2017 tax cuts and revising Medicaid provider taxes to finance the bill amid concerns over rural hospital impacts and budget deficits.
- The Senate is considering the One Big Beautiful Bill Act, which aims to reform U.S. tax policy significantly as Congress reviews it.
- If passed, the bill would increase deductions for small businesses and allow for immediate deductions on research and development expenses, enhancing global competitiveness.
- The legislation proposes raising the standard deduction and includes a temporary bonus deduction for older individuals, impacting personal taxes.
- The bill reflects a shift in government incentives toward American manufacturing and fossil fuel production.
15 Articles
15 Articles
Republican factions gawk at Senate's tax, Medicaid changes to 'big, beautiful bill'
(The Center Square) – The Senate Finance Committee’s tax and health care additions to Republicans’ multitrillion-dollar policy megabill include deal-breaking changes that have thrown congressional Republicans in disarray.
'Incredibly destructive': Anti-Tax titan Grover Norquist still pulling the GOP's strings
In the “one, big, beautiful bill,” President Donald Trump has called for substantial decreases in federal domestic spending. However, a schism emerged between Republican lawmakers during the budget debates in Congress.Some Republicans in blue states called for a tax increase for the wealthiest Americans, prompting longtime anti-tax advocate Grover Norquist to call the increase an “incredibly destructive idea economically, and very foolish politi…
Commentary: Pass 'Big Beautiful Bill' to fuel big, beautiful growth
At the heart of the Big Beautiful Bill is an extension of the 2017 Trump tax cuts, which expire at the end of this year. Failing to renew them would subject economy to a $4 trillion tax increase.
50 Major Big Beautiful Bill Wins The Media Is Ignoring - Fatherly Advice and Rants
50 Major Big Beautiful Bill Wins The Media Is Ignoring Turning Point USA founder and CEO Charlie Kirk put this list together, and it is very informative. There is a lot more covered by the “Big Beautiful Bill” than most people realize. Here is his list: No taxes on tips — servers, bartenders, and bellhops […] The post 50 Major Big Beautiful Bill Wins The Media Is Ignoring first appeared on Fatherly Advice and Rants.
Poll finds majority of Americans oppose 'Big, beautiful bill' - ABC Columbia
(CNN)– According to a new poll, a majority of Americans oppose President Trump’s proposed tax policy bill. House Republicans passed the “One Big Beautiful Bill Act” and it’s currently being discussed by the Senate. According to a new poll from the non-partisan health research group KFF, 64% of Americans have an unfavorable view of the measure. The mega-bill’s main focus is to extend Trump’s 2017 tax cuts. The House version also aims to fulfill s…
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