US Edition
Speaking Out: Tax and Spending Bill Is One Big Ugly Delusion
UNITED STATES, JUL 21 – The bill permanently enacts 2017 tax cuts, boosts domestic battery manufacturing, supports families with new savings programs, and allocates $29 billion for shipbuilding, impacting 54 million jobs.
- On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act, enacting major tax, social, and spending reforms.
- Using the reconciliation process, Congress passed the OBBBA, making permanent tax cuts from the 2017 Tax Cuts and Jobs Act.
- New in the law, Trump Accounts allow families to deposit up to $5,000 annually for children with preferential tax treatment, starting in 2026.
- The OBBBA imposes a cost-sharing requirement on states administering SNAP, mandating they cover 75% of administrative costs from fiscal year 2027.
- In 2030, the state and local tax deduction cap reverts to $10,000 for individual filers and $5,000 for separate filers.
33 Articles
33 Articles
Idaho’s Little, Risch and Crapo are betting heavily on Trump’s MAGA program
President Donald Trump signs the One Big Beautiful Bill Act on the South Lawn of the White House, on July 4, 2025, during the 4th of July picnic. U.S. Sen. Mike Crapo, R-Idaho, attended the ceremony. (Daniel Torok/Official White House photo)The envelope in my mailbox screamed out, “this ENDORSEMENT has IDAHO LIBERALS worried.” Fearing the worst, I gingerly opened the envelope, only to find that the liberals were supposed to be worried because Id…
Johnson Starts Work on Follow-Up Tax Bill, Seeking Fall Passage
House Republicans are starting work on a follow-up to their recently enacted tax-and-spending law, aiming to pass provisions that were removed from President Donald Trump’s “one big, beautiful bill,” Speaker Mike Johnson said in an interview Wednesday with Bloomberg Government.
The One Big Beautiful Bill delivers for Alabama
The week of Independence Day, the U.S. Senate took on the tall order of passing President Trump’s sweeping domestic policy package—the One Big Beautiful Bill. After more than 26 hours of voting, the Senate passed the bill, which was then sent to the House of Representatives for final passage. On July 4, President Trump signed it into law. Needless to say, it was a busy—but very rewarding—week. There’s been a lot of national conversation about ho…
US Republican Lawmakers Don’t Care About Mortality in the United States
Mothers in the US are dying from pregnancy-related causes at much higher rates than mothers in any other affluent country. Credit: Shutterstock.By Joseph ChamiePORTLAND, USA, Jul 23 2025 (IPS) The recent legislation passed by the US Congress, oddly named the One Big Beautiful Bill (OBBB), and signed by the US President, reveals that Republican lawmakers in the nation’s capital do not care about excessive and premature mortality in the United Sta…
Editorial: GOP spending bill is a mess, but region will welcome shipbuilding funds
Tucked into the Republican spending bill passed by Congress earlier this month is a provision that could be a huge boost to our region. The legislation includes billions for the shipbuilding industry, money that promises to be a boon to Hampton Roads. While that doesn’t salvage a law that will add trillions to the national debt, kick millions off Medicaid and exact deep cuts to vital food assistance programs, this investment in shipbuilding is n…
How Will the Trump Megabill Change Americans’ Taxes in 2026?
A current policy baseline analysis of the tax provisions of H.R. 1 Download national and state-by-state estimates In analyzing the impact of the tax and spending megabill signed into law by President Trump on July 4 there is a difference between the approach that makes the most sense for understanding the impact on the federal budget and another approach that might make more sense for individuals thinking about their own tax bills. As ITEP has …
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