Senate’s Harsh Compromise on Clean Energy and IRA, Explained - Heatmap News
Excise tax is out, foreign sourcing rules are in.| Heatmap News
Excise tax is out, foreign sourcing rules are in.| Heatmap News
We estimate the One Big Beautiful Bill Act would increase long-run GDP by 1.2 percent and reduce federal tax revenue by $5 trillion over the next decade on a conventional basis.| Tax Foundation
Republicans say that able-bodied adults who don’t work would lose Medicaid coverage under the House tax-cuts-and-spending bill, while Democrats say the legislation would hurt vulnerable groups. The bill’s main target is those able-bodied adults, but other groups would lose coverage due to paperwork burdens and other provisions in the bill, health policy experts say.| FactCheck.org
The Urban-Brookings Tax Policy Center estimates that, on average, Americans' taxes would rise about 7.5% if the 2017 tax cuts are allowed to fully expire at the end of the year. But President Donald Trump has repeatedly claimed that if the Republican budget bill, called the One Big Beautiful Bill Act, doesn't pass, Americans "will get a 68% tax increase."| FactCheck.org
