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The Republican Party’s recent tax and spending bill made substantial changes to the landmark safety net programs created by ...
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Money Talks News on MSNBehind the Senate Tax Bill: Retiree Tax Break Comes With Medicaid Trade-Offs
The higher deduction would phase out for wealthier households and expire after 2028, giving retirees a few years of lower ...
The CBO also estimated low-income Americans will lose about $1,200 per year due to Medicaid changes and reductions in food assistance.
The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...
The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, slashes spending on Medicaid, and creates temporary tax deductions for ...
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare ...
As a part of the Sutherland Institutes’s 2025 Congressional Series, Moore spent time explaining certain provisions of the ...
Colorado faces a roughly $783 million budget shortfall because of federal tax changes that cut into the state’s revenues.
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