Leavitt said Trump’s tax and spending bill “does not add to the deficit.” Analyses of the bill and its deficit impact are based on legislation that is still under negotiation and is changing.

Buried deep in the more than 1,000-page tax-and-spending bill that President Donald Trump is muscling through Congress is an obscure tax measure that’s setting off alarms on Wall Street and beyond.

The tax bill is trying to make the case that American markets remain the best place to grow money, one expert says Last Updated: June 5, 2025 at 2:56 p.m. ET First Published: June 4, 2025 at 4:54 ...

Trump's sweeping tax bill may end the popular SALT deduction certain businesses use to bypass federal limit. Local Sports Things To Do Politics Travel Advertise Obituaries eNewspaper Legals.

A clash over the reconciliation bill’s effect on the federal debt imperils efforts to pass the sweeping Republican tax and spending bill in the Senate.. The reconciliation legislation, the One ...

Council tax rates went up in April, with most councils in England opting to implement the maximum 4.99% hike. This means that Band D homes now face an average bill of £2,280 a year.

Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in ...

Donald Trump ally Elon Musk lambasted the president’s signature tax bill as a budget-busting “abomination” as Republican fiscal hawks stepped up criticism of the massive fiscal package.

As of 2017, the Tax Cuts and Jobs Act, or TCJA imposed a $10,000 limit for filers that itemize tax breaks. This limit is troubling for states like New Jersey and New York where residents can only ...

As of 2017, the Tax Cuts and Jobs Act, or TCJA imposed a $10,000 limit for filers that itemize tax breaks. This limit is troubling for states like New Jersey and New York where residents can only ...

On May 22 the House passed the One Big Beautiful Bill Act, a giant reconciliation bill that has been hotly debated over the past few months. Factional disagreements over the state and local tax ...

As of 2017, the Tax Cuts and Jobs Act, or TCJA imposed a $10,000 limit for filers that itemize tax breaks. This limit is troubling for states like New Jersey and New York where residents can only ...