Trump, bill and tax cut
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Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in President Donald Trump's budget.
How the new tax and spending bill President Trump signed into law will impact education: billions less for college loans, and billions more for K-12 vouchers.
Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new deduction.
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 overtime and tipped income. It includes $170 billion for immigrant detention and for new personnel for Immigration and Customs Enforcement.
1don MSN
The top Democrat in the U.S. House is holding a town hall Thursday in Louisiana, home to Republican Speaker Mike Johnson and his deputy, to rally against the health care cuts in the GOP bill that President Donald Trump signed into law.
The president's sweeping domestic policy achievement extends his expiring 2017 tax cuts but could cause millions in the U.S. to lose their health coverage and food aid over the next decade.
Experts and advocates warn that it could have dire consequences for Alabama’s tenuous rural healthcare situation.
2don MSN
Major Medicaid cuts in Trump’s tax bill could hit rural voters especially hard -- giving organizers hope the party can make improvements in these areas in the midterms.