Trump, Gamblers and Beautiful Bill
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Bill Ackman's abysmal pro-tennis debut sparks mockery
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Representative Marjorie Taylor Greene's bill would eliminate capital gains tax on the sale of homes considered primary residences.
Santa Clara County officials fear that Republicans’ “big, beautiful bill” will rip a “seismic tear” in the country’s social safety net as they brace for more than $1 billion in lost federal revenues locally over the next few years.
Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
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The Senate Armed Services Committee has approved $500 million in security assistance for Ukraine as part of its draft language for its Fiscal Year 2026 National Defense Authorization Act, which also restricts A-10 aircraft retirements.
Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive tax and spending bill President Donald Trump signed into law last week, arguing that a provision tucked into the measure late in the legislative process unfairly taxes gamblers on “phantom” winnings.
The tax and spending package includes $66.4 billion in new money for programs assisting farmers, strengthening the safety net if there is significant volatility in crop prices and revenues.
The U.S. Treasury Department on Friday asked primary dealers for input regarding how it should rebuild its cash balance following the increase in the debt ceiling, and how many Treasury bills it could issue without disrupting the market.