News

How the One Big Beautiful Bill Act Could Affect Your Heirs—and Your Home
A new law raises the federal estate tax exemption to $15 million. Here’s how it affects homeowners, heirs, and real estate-heavy estates.
PolitiFact1d
PolitiFact answers reader questions about the Big Beautiful Bill
As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...
Will the elimination of federal tax credit significantly hurt the solar industry?
Experts are now debating if the elimination will significantly hurt the industry or if solar adoption developed such momentum ...
New DNC website blasts Big Beautiful Bill for ‘robbing working Washingtonians’
Republicans, including Senate Minority Leader John Braun, have cheered on the bill for offering tax breaks to middle-class ...
RNC chair says 'big, beautiful bill' key part of GOP's strategy to win seats in midterm elections
GOP chair Michael Whatley touts Trump's domestic policy package as the embodiment of Republican promises on economy, border security and defense ahead of the 2026 midterm elections ...
Trump's 'Big Beautiful Bill' expected to increase household energy costs in Minnesota
An analysis by a think tank found that annual household energy costs in the state will increase $110 by 2030 and $410 by 2035 ...
No Tax on Social Security Is a Reality in President Trump's Big Beautiful Bill, Says the White House. Here's What It Actually Means for Retirees.
President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
One Big Beautiful Bill And MLP/Midstream Implications
With the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, this note discusses some of the implications for ...