Tax Cuts

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“大而美”法案落地,美元、黄金、美股将迎巨变?|101 Weekly
硅谷101· 2025-07-06 23:42
It was one in the morning when Trump was still watching the vote on the "Big, Beautiful" bill in the White House . This was to stop the "Big, Beautiful" bill. The Democratic leader Hakim spoke for 8 hours and 44 minutes in the House of Representatives until his voice was hoarse. "(I hope my Republican colleagues) can come to a conclusion" "That is, we serve the American people." After a fierce game, the bill was finally passed . Trump got what he wanted with "218 to 214 votes." "Motion passed", what exactly ...
X @Bloomberg
Bloomberg· 2025-07-05 15:32
President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funding to crack down on illegal immigration. https://t.co/c0r2sVAlrN ...
X @Bloomberg
Bloomberg· 2025-07-05 02:18
President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funding to crack down on illegal immigration: https://t.co/hNpGNH9gZF https://t.co/XJwyesV6Dh ...
‘Completely beatable’: Dems go on offensive over unpopular Republican budget
MSNBC· 2025-07-05 00:39
Good evening from New York. I'm Chris Hayes back with you on this very, very, very special Independence Day edition of All-In. We are very glad you're here. We're glad to be here as well.It is a day for family and food celebrations and also in this era protests from Worcester, Massachusetts to Sue City, South Dakota, from Palm Bay, Florida to Tustin, California. Americans celebrated the nation's birthday by once again demonstrating against the Trump administration and protests scheduled all over the country ...
Trump Signs 'Big, Beautiful Bill' at July 4th Ceremony
Bloomberg Television· 2025-07-04 23:31
President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funding to crack down on illegal immigration. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and ...
'Not hyperbole': Trump’s 'popular' law is actually the most unpopular in 30 years
MSNBC· 2025-07-04 23:20
Well, it's only been a law for a few minutes now. Few dozen minutes, an hour, two hours, something like that. But here's something we already know about Donald Trump's big reconciliation bill.It is one of the most unpopular acts of Congress in recent history. This is not hyperbole and this is me not just, you know, articulating my hunches. That is according to data gathered by Georgetown political scientist Christopher Warshaw.Warsaw found that Trump's big beautiful bill is the second most unpopular piece o ...
‘Lipstick on a pig’: Trump signs megabill into law
MSNBC· 2025-07-04 22:35
Good evening from New York. I'm Chris Hayes. Happy 4th of July. I hope you're enjoying it. We have a special two-hour superersized, super patriotic show for you tonight. Just before you joined us in the last half hour, President Donald Trump signed the big bill in the Oval Office. He calls it beautiful. The American people don't seem to agree. A bill that is so wildly unpopular, it screws many of the people who voted for Trump. And still, no one could really muster like a good actual affirmative account for ...
X @Bloomberg
Bloomberg· 2025-07-04 21:54
President Donald Trump signed his marquee tax and spending cuts bill, enshrining in law an extension of tax breaks as well as funds to crack down on illegal immigration https://t.co/kCExKocIXC ...
Trump’s Bill Passed: The Tax and Spending Updates, Explained | WSJ
The Wall Street Journal· 2025-07-04 04:23
Tax Policy Changes - Extension of 2017 tax cuts, initially set to expire at the end of 2025 [1][2] - Child tax credit increased to $2,200 and indexed to inflation [2] - Estate tax exemption increased to $15 million per person [2] - Elimination of tax credits for electric vehicles and clean energy purchases after September 30th [3] - State and local tax deduction capped at $10,000, with a temporary increase to $40,000 for certain income levels [3][4] - Potential $25,000 deduction for tipped workers, but payroll taxes still apply [4] - Deduction for seniors of $6,000 per person for those ages 65 and up [6] Government Spending and Budget Impact - Increased funding for agencies like ICE, Customs and Border Protection, Homeland Security, the Defense Department, and Missile Defense [7] - Medicaid work requirements implemented, projected to save $326 billion through 2034 [8][9] - Changes to premium tax credits under the Affordable Care Act, potentially leading to 11 million fewer people with health insurance by 2034 [10] - Creation of a $50 billion rural healthcare fund to address changes in healthcare access [11] - Projected increase in the deficit by $3.4 trillion over the next 10 years (through 2034) [13] Economic Impact and Political Considerations - Republicans argue that economic growth from tax cuts and deregulation will offset the deficit increase [15] - Economists express concerns about the drag of budget deficits on the economy, potentially leading to higher interest rates and increased debt [15] - Potential for Democrats to delay or change tax cuts if they win the House majority [12]
Trump says 'I hate them' about Democrats in speech touting bill passage
NBC News· 2025-07-04 02:15
I really do. I hate them. I cannot stand them.With all of the things we did with the tax cuts and rebuilding our military, not one Democrat voted for us, and I think we use it in the campaign that's coming up, the midterms, because we got to beat them. But all of the all of the things that we've given and they wouldn't vote only because they hate Trump. But I hate them, too.You know, that's so it's sort of I hate I really do. I hate them. I cannot stand them because I really believe they hate our country. ...