Trump, House and tax bill
Digest more
Despite a brief market scare, the richest 10 Americans got $365 billion richer over the past year, according to a new analysis from Oxfam.
The CBO has estimated at least 15 million people would lose health care coverage due to the bill’s cuts to Medicaid.
The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was skewed in favor of the richest people in the country, further eroded the nation’s revenue base,
The sprawling tax and spending bill before the House of Representatives would cut more than $200 billion from food assistance, potentially affecting 4 million children and 7 million adults, while providing an estate tax cut costing roughly the same amount to a few thousand people who will leave behind more than $7 million to their heirs.
1don MSN
The House Rules Committee started a marathon hearing at 1 a.m. Wednesday for the final markup of Trump’s “big, beautiful bill."
President Donald Trump's "big beautiful bill" has been approved by the House, marking a significant step towards its potential impact on Americans' finances.
House Republicans have unveiled a pilot savings program for kids that's reminiscent of a "baby bonds" plan previously floated by Democrat Cory Booker.
Economics Explained on MSN1d
Why Taxes Can’t Fix Wealth Inequality: Lessons from the DutchThe Netherlands is admired for its progressive policies, but wealth inequality persists. Why haven’t taxes closed the gap? This video explores the Dutch economy’s lessons on the limits of taxation.
Money Talks News on MSN8h
America's Hidden Wealth Crisis: the Massive Gap Between Owners and RentersAmerican homeowners possess forty times more wealth than renters, creating a profound economic divide. The $390,000 gap reflects systemic advantages that help property owners build financial security while renters struggle to catch up.
Feedback