More tax provisions of 'One Big Beautiful Bill'
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VP Vance talks 'Big Beautiful Bill'
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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 phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).
While a budget surplus exists in Georgia, the impact of federal cuts remains unclear, prompting a cautious approach from Gov. Kemp.
Cuts to SNAP and Medicaid benefits could hurt low-income workers, while tax breaks in the same bill will disproportionately benefit wealth business owners, adding to the gap between rich and poor.
At the White House on the Fourth of July, President Donald Trump held a “ Big Beautiful Bill ” signing, complete with B-2 bombers.
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The “Big Beautiful Bill" President Donald Trump signed into law sends billions to (and away from) U.S. businesses. Here are some of the winners.
President Trump's spending and tax bill could slash federal funding for social programs, jeopardizing vital companionship, meal delivery and health‐monitoring services for isolated older adults, some experts say.
The GOP measure includes tax cuts and spending reductions, as well as immigration enforcement funding.
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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