President Trump signed the One Big Beautiful Bill (BBB) on Friday July 4, 2025. Here’s an outline of some of the key details farmers need to know. Reference prices and the calculating of ...

The bill rolls back many of the clean energy tax incentives and investments created by the 2022 Inflation Reduction Act, throwing a major roadblock in the way of combating climate change. Since ...

The One Big Beautiful Bill Act creates a deduction of up to $25,000 for qualified tips received by tipped workers like restaurant servers, barbers and drivers. It also provides an above-the-line ...

President Trump is finally getting his “big, beautiful” bill. The GOP-led House of Representatives passed the One Big Beautiful Bill Act in a 218-214 vote Thursday following 29 hours of arm ...

Big Beautiful Bill 101: What you need to know about the new law Big beautiful bill delivers on Donald Trump's promise of no tax on tips and overtime No tax on tips or overtime were promises Trump ...

The One Big Beautiful Bill Act (OBBBA) makes permanent the lower tax brackets with revised income thresholds established by the TCJA. OBBBA also makes the standard deduction, which was roughly ...

Some of the provisions in Republicans’ domestic policy package are effective immediately, while others don’t kick in for several years – notably, after the 2026 midterm elections.

McCarthy Passing a bill this big with a majority so small in the House is a feat of extraordinary political acumen, like it or not. Trump returned to office with sky-high policy goals, and he’s ...

The GOP’s spending bill would permanently raise that maximum credit to $2,200 starting in 2025 and tie the amount to inflation going forward. There is no end date to the increase.

The bill does provide an enhanced tax credit for senior citizens ages 65 and older, which provides a maximum tax credit of $6,000 through 2028 that’s calculated based on the taxpayer’s income.

Federal student borrowers are among those concerned after both chambers of Congress passed President Donald Trump ’s mega spending bill. Following a full day of negotiations July 3 and a 218-214 ...