References Include: Analysis of coverage losses from Missouri Foundation for Health, 2025 Joseph Llobrera, Dottie Rosenbaum, and Catlin Nchako, “Senate Agriculture Committee’s Revised Work Requirement Would Risk Taking Away Food Assistance From More Than 5 Million People: State Estimates,” CBPP, June 27, 2025, https://www.cbpp.org/research/food-assistance/senate-agriculture-committees-revised-work-requirement-would-risk-taking. Euhus, Rhiannon, et al. “Congressional District Interac...| Missouri Budget Project
How will recent federal tax changes affect you?| Tax Foundation
Senate Democrats don’t have to separate the crackdown in Los Angeles and the Republican bill in Washington. The latter will allow for more of the former.| The American Prospect
On July 4, 2025, US President Donald Trump signed the One Big Beautiful Bill Act, which extends the 2017 tax cuts and overhauls Opportunity Zones.| Fair Observer
For Congress, work on the One Big Beautiful Bill Act is done. But in state capitols, the work has not yet begun. Many of the tax changes in the federal reconciliation act flow through to state tax codes—automatically in some states, and subject to an update in states’ Internal Revenue Code conformity date in others.| Tax Foundation
Our experts explain how this major tax legislation may affect you and how policymakers can better improve the tax code.| Tax Foundation
Passage of the Big Beautiful Bill will force mandatory sequestration that will mean half a trillion dollars in Medicare cuts.| The American Prospect
If the federal government really wanted to make saving more accessible for taxpayers, it would swap the proposal for Trump Accounts to replace the complicated mess of savings accounts currently available with universal savings accounts.| Tax Foundation
For Immediate Release: July 1, 2025Contact: Amy Blouin, U.S. Senate Passes Budget Reconciliation Senate-passed budget reconciliation bill puts health coverage and food assistance for hundreds of thousands of Missourians on the chopping block In a final vote this morning, the U.S. Senate chose to take health coverage and food assistance away from Americans, shift costs to states, and make life harder for families struggling to make ends meet. If passed by the House, it would enact a massiv...| Missouri Budget Project
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
Residential solar is on a downturn, and things may get worse. In a shock for the industry, the latest draft of the “One Big Beautiful Bill Act” excludes residential solar lease providers from the Investment Tax Credit.| pv magazine USA
The House "One Big Beautiful Bill" includes a new 3.5 percent tax on remittances, or non-commercial transfers of money that people in the US send to people abroad.| Tax Foundation
Our preliminary analysis finds the tax provisions increase long-run GDP by 0.8 percent and reduce federal tax revenue by $4.0 trillion from 2025 through 2034 on a conventional basis before added interest costs.| Tax Foundation
Policymakers have passed legislation to extend many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) alongside dozens of new tax provisions.| Tax Foundation
It’s not just what they say over the next few weeks — it’s when they say it.| Heatmap News
It takes a credible threat to bend the budget.| Heatmap News
Tax credit transferability is a wonky concept, but it’s been a superpower for clean energy developers.| Heatmap News
President Trump has called for permanent extension of the 2017 tax cuts, additional policies including no taxes on tips, overtime pay, and Social Security benefits for retirees, and has also promised higher taxes on US imports through a series of new tariffs.| Tax Foundation
Permanently extending the expiring individual, estate, and business tax provisions would boost long-run economic output by 1.1 percent, the capital stock by 0.7 percent, wages by 0.5 percent, and hours worked by 847,000 full-time equivalent jobs.| Tax Foundation
