tax, Beautiful Bill
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I'm David Westin, and this week our special contributor, Larry Summers of Harvard, goes over the “One Big Beautiful Bill,” and we take a look inside what President Donald Trump's threatened tariffs could mean for the US wine industry.
President Donald Trump’s “big, beautiful bill” includes major wins for business interests that carried out aggressive lobbying campaigns on Capitol Hill.
An analysis by the Maryland Department of Health projects an annual loss of $2.7 billion because of changes to Medicaid.
A new law raises the federal estate tax exemption to $15 million. Here’s how it affects homeowners, heirs, and real estate-heavy estates.
Analysis by clean energy think tank Energy Innovation found that the bill threatened thousands of clean energy projects, likely resulting in the loss of 760,000 jobs in the sector by 2030. By reducing access to cheaper renewable energy, the OBBBA will also sharply increase household energy bills, the analysts found.
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Of course, I want to know what all are on people’s minds, but I also have to give consideration to the folks that are not calling,” Edwards said.
Watch live coverage as Vice President JD Vance delivers remarks touting the passage of President Trump's "One Big Beautiful Bill" during a visit to West Pittston, Pa.
Cuts to SNAP and Medicaid benefits could hurt low-income workers, while tax breaks in the same bill will disproportionately benefit wealth business owners, adding to the gap between rich and poor.