Finance News – House Gop
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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 →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 →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 →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 →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.
Read Full Article →New GOP Car Loan Tax Deduction: Which Vehicles and Buyers Qualify
House GOP legislators propose a tax deduction on auto loan interest aimed at benefiting certain vehicle purchasers, potentially impacting consumer finances and influencing car buyi...
Read Full Article →Tax bill includes $1,000 baby bonus in 'Trump Accounts' — here's who is eligible
The recently proposed tax legislation introduces a new children’s savings fund, providing an initial federal contribution of $1,000 to support families in building financial resour...
Read Full Article →How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits
The proposed legislation offers a $4,000 deduction for seniors, potentially affecting retirement incomes and altering the financial impact compared to removing taxes on Social Secu...
Read Full Article →The GOP Wants to Auto-Enroll Your Child in a MAGA Savings Account
If implemented, the proposed House GOP tax policy would automatically create a tax-favored savings account for children, potentially affecting family financial planning and governm...
Read Full Article →House GOP tax bill calls for ‘SALT’ deduction cap of $30,000 for most taxpayers. Here's who could be...
The revised tax legislation introduced by House Republicans increases the limit on state and local tax deductions to $30,000, potentially impacting the financial situations of nume...
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