Millions of American babies are eligible for "Trump Accounts" under the One Big Beautiful Bill Act that was signed into law by President Trump on July 4.

Lawmakers, trade professionals and professional bettors worry about a new Republican provision that will reduce the deduction for gambling losses.

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).

Student loan restrictions in the new Republican tax and spending law could exacerbate the student loan crisis, and deepen racial and gender wealth gaps.

New York Gov. Kathy Hochul and other NY officials spoke in Kingston July 18 to condemn the impacts of the "big beautiful bill" on local residents.

At this moment of deep political division, bold ideas to preserve American democracy are more important than ever. For once, the deficit hawks are right. The tax cuts for the wealthy in the Republican budget could cause the third economic meltdown this century. Unlike the Financial Crisis and the pandemic, we couldn’t spend our way out.

Trump's One Big Beautiful Bill cuts taxes, boosts border security, and reforms Medicaid—now the GOP must win the messaging battle.

Experts believe energy annual costs could rise by hundreds of dollars over the next decade, thanks to the "Big Beautiful Bill."