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President Donald Trump has promised that the “big, beautiful bill” passed by the Senate and being considered by the House of Representatives will be one of the most successful pieces of ...
The bill also increases the deduction by $750 for individuals, $1,500 for married couples, and $1,125 for a head of household, effective in the 2025 tax year.
After a tumultuous day, an overnight cliffhanger of a vote and a record-breaking speech, Republicans managed to wear down internal resistance and muscle their domestic policy bill through the House.
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