US Edition
Building on the Big Beautiful Bill to Strengthen National Security
- The One Big Beautiful Bill Act was passed last week and signed into law by President Trump on July 4, delivering the largest tax cut in history for middle- and working-class families.
- The legislation includes a $6,000 tax deduction for seniors earning below certain income thresholds and funds border security infrastructure, including the completion of Trump's border wall.
- The bill eliminates the $7,500 credit for new electric vehicles, raising questions about the future of U.S. electric vehicle sales as the industry faces challenges with declining sales.
- Carmakers, facing uncertain times due to the removal of incentives, are questioning their growth potential without government support.
13 Articles
13 Articles
DAVID BLACKMON: America’s EV Industry Must Now Compete On A Level Playing Field
America’s carmakers face an uncertain future in the wake of President Donald Trump’s signing of the One Big Beautiful Bill Act (OBBBA) into law on July 4. The new law ends the $7,500 credit for new electric vehicles ($4,000 for used units) which was enacted as part of the 2022 Inflation Reduction Act as of […]
5 Tax Savers Seniors Must Plan for in the July 2025 New “OBBBA” Law
Seniors can save money with tax provisions in the new “OBBBA” (“One Big Beautiful Bill Act”). The new law took effect on July 4, and it can save money for seniors in 2025 and future years. Here is how thoughtful tax and financial planning can help you keep more of your wealth. The “Taxman” The Beatles sang in their 1966 song “Taxman”: Let me tell you how it will be There’s one for you, nineteen for me ‘Cause I’m the taxman Yeah, I’m the taxman P…
Rep. Wesley Hunt Commends DOI for Implementation of his OBBB Policy Priority
Congressman Wesley Hunt released a statement commending the Department of the Interior for implementing his top policy priority in the One Big Beautiful Bill, which President Trump signed into law on Friday, July 4th. "Since the day I entered Congress, unleashing American energy and championing our vital oil and gas sector has been a top priority.
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