Finance News – Gop
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A tax code time bomb fueled mass tech layoffs. A GOP senator says fixing it now is 'critical'
Changes in tax regulations related to research and development expenses have had a substantial impact on technology sector employment, prompting lawmakers to consider permanent adj...
Read Full Article →Will a GOP 'Big Bill' Incentive Help Donors Avoid Capital Gains Tax?
The proposed legislation includes a significant tax advantage aimed at private school contributors, potentially reducing their capital gains tax obligations and impacting donor fin...
Read Full Article →2025 SALT Cap Could Hurt Top 'Hidden Home Cost'
The proposed 2025 tax changes may increase the financial burden associated with homeowner expenses that are often overlooked, potentially impacting overall housing affordability an...
Read Full Article →Health-care cuts in GOP’s budget bill may add up to $22,800 in medical debt for some families: Repor...
The proposed budget plan could result in millions of people losing access to health services, potentially increasing their out-of-pocket medical expenses by thousands of dollars.
Read Full Article →House, Senate tax bills both end many clean energy credits: 'It's just a question of timeline,' expe...
The proposed legislation would eliminate numerous consumer incentives for electric vehicles and energy-efficient home improvements starting in 2026, potentially affecting market de...
Read Full Article →Five Surprising GOP Senate Bill Tax Changes to Know
The proposed Senate GOP tax adjustments in the new bill could impact various financial sectors, prompting discussions about potential shifts in taxation and budget allocations acro...
Read Full Article →Trump railed against socialism in his campaign. He's flirting with it as president
Under his administration, government intervention in the economy has increased, signaling a shift that could impact market dynamics and influence fiscal policies beyond previous pa...
Read Full Article →3 student loan changes in Republican bill: Getting out of debt would be 'extremely hard,' advocate s...
The proposed legislation by Republican lawmakers aims to remove existing repayment options, potentially extending the duration borrowers remain financially responsible for their st...
Read Full Article →Senate GOP tax bill gives break on car loan interest — but not all vehicles qualify
The proposed legislation aims to provide a financial benefit by allowing deductions on auto loan interest, although its applicability may be limited depending on the type or condit...
Read Full Article →Trump pledged not to cut Medicare — but his budget bill does just that
The proposed Senate legislation could reduce funding for healthcare programs, potentially affecting the insurance coverage and financial security of over one million elderly Americ...
Read Full Article →How child tax credit would change under Senate, House GOP's 'big beautiful' spending bills
The proposed spending legislation from Senate and House Republicans may increase the amount of the child tax credit, potentially providing additional financial support to eligible...
Read Full Article →How Senate GOP 'no tax on tips' proposal differs from House Republican plan
The Senate’s approach to exempting gratuities from taxation presents variations that could impact revenue collection and economic behavior differently compared to the earlier House...
Read Full Article →Republicans move to eliminate payment pauses for struggling student loan borrowers
The proposed legislation by GOP lawmakers aims to end temporary relief for individuals facing unemployment or financial difficulties, potentially impacting their ability to postpon...
Read Full Article →Republicans stick to July 4 deadline to pass Trump's megabill
Lawmakers are working to finalize a comprehensive fiscal plan by early July, with significant attention being given to tax provisions that could impact government revenue and econo...
Read Full Article →GOP megabill looks set to end the $600 tax-reporting rule for Venmo, PayPal payments
The recent legislative proposal in the House removes the requirement for issuing 1099-K forms to individuals receiving over $600 annually through digital payment platforms, potenti...
Read Full Article →GOP Proposed a $10,000 Tax Break on Car Loans—With a Big Catch
The recently suggested policy aims to reduce the financial burden on vehicle financing by offering substantial relief, though certain limitations may affect the overall benefit for...
Read Full Article →Elon Musk's favorability among Republicans dropped 16 points since March, Quinnipiac says
A decrease in Elon Musk’s support within the Republican base may influence investor confidence and market perceptions related to his business ventures and leadership roles.
Read Full Article →The pros and cons of a $1,000 baby bonus in 'Trump Accounts,' according to experts
The introduction of a government-funded $1,000 deposit into children's savings accounts within the House GOP's tax legislation could influence family financial planning and long-te...
Read Full Article →The Trump GOP Tax Bill Could Worsen California Cost of Living
Changes to federal tax policies proposed by Republican legislators could lead to increased household expenses in California, particularly affecting energy costs and overall afforda...
Read Full Article →As GOP weighs Obamacare cuts, the party's constituents are more likely to use marketplace coverage,...
As Republicans deliberate reducing support for health insurance marketplaces, a significant portion of their voter base depends on these plans, highlighting potential financial imp...
Read Full Article →Newly introduced GOP Bill seeks to write Trump’s strategic Bitcoin reserve into law
The proposed legislation aims to formalize a government-held cryptocurrency fund, potentially influencing national financial strategy and demonstrating increased institutional acce...
Read Full Article →Why millions of Americans would lose health insurance under House GOP megabill
If the proposed legislation passes, a significant number of Americans could face disruptions in their health coverage, potentially impacting access to medical services and financia...
Read Full Article →Bitcoin Threatens $100K, Crypto Losses Grow as Musk/Trump Feud Goes Nuclear
The escalating conflict between influential figures has contributed to increased market volatility, resulting in significant declines in cryptocurrency values and raising concerns...
Read Full Article →New Proposal Would Let You Use 529 Plan Savings for Homeschool Expenses
The proposed legislation aims to expand the allowable uses of tax-advantaged education savings accounts to include expenses related to homeschooling, potentially altering how famil...
Read Full Article →SEC allegedly sabotaged Democrats’ request on the eve of the Clarity Act hearings, while providing a...
The timing of the SEC's actions before the Clarity Act hearings raised concerns about potential impacts on regulatory transparency and investor confidence within the evolving digit...
Read Full Article →Sen. Ron Johnson rips into 'immoral' GOP spending bill: 'I can't accept it'
The recently approved budget bill, which has drawn strong opposition from some senators like Ron Johnson, carries significant fiscal implications that could impact government spend...
Read Full Article →Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says
The proposed budget legislation is projected to increase the national debt by $2.4 trillion, raising concerns among some political leaders and economists about its long-term econom...
Read Full Article →Trump slams GOP Sen. Rand Paul for opposing 'big, beautiful bill' due to $5 trillion debt ceiling hi...
Trump's criticism of Senator Rand Paul highlights internal GOP tensions as leadership seeks support for legislation that would significantly increase the national debt limit and fu...
Read Full Article →'Fantasy math' masks tax bill's U.S. debt impact, GOP lawmaker said. What the deficit means for your...
The proposed legislation is projected to increase national debt substantially over ten years, which could influence interest rates on personal borrowing and affect returns in finan...
Read Full Article →House GOP passed trillions in tax cuts. How Trump's 'big bill' could change in the Senate
The proposed legislation aims to reduce taxes by trillions of dollars, with potential modifications expected as it moves through the Senate for further consideration.
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