Congress’ Newly Passed Bill Means Homeowners Could Save Thousands In Taxes
While President Donald Trump‘s newly passed “big, beautiful bill” makes sweeping changes to programs such as Medicaid and SNAP that have drawn significant opposition, there’s some good news for homeowners. A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000. That’s four times the […]
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How Will Trump’s Big, Beautiful Bill Impact Medicaid Users? Here’s What Experts Say
Billions in Medicaid cuts passed by Republicans as part of President Trump’s “One Big Beautiful Bill” will have widespread negative implications on people across the United States, multiple experts told Newsweek. Why It Matters Trump’s touted tax overhaul and spending cuts package, which passed Thursday on a 218-214 vote in the House after months of […]
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How Trump’s One Big Beautiful Bill Will Affect US Housing Market
President Donald Trump‘s One Big Beautiful Bill Act, which House Republicans narrowly passed on Thursday, is likely to help high-end buyers in the U.S. housing market while doing little for lower-income renters and potential first-time buyers, experts have said. The House passed the sweeping bill, which extends tax cuts and slashes the U.S.’s social security […]
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AOC Warns of ICE ‘Explosion’ After Trump Bill Passes
Democratic Congresswoman Alexandria Ocasio-Cortez of New York warned of an Immigration and Customs Enforcement (ICE) “explosion” and ensuing “barbarism” at the hands of the “big, beautiful bill” passing the House Thursday. Newsweek reached out to the Department of Homeland Security (DHS) via email for comment. Why It Matters This legislative victory for the Trump administration […]
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‘Resevoir Dogs,’ ‘Kill Bill’ Actor Michael Madsen Dies at 67
Entertainment gossip and news from Newsweek’s network of contributors Michael Madsen, actor and frequent collaborator with writer/director Quentin Tarantino, has died at the age of 67. According to NBC Los Angeles, Madsen was found unresponsive Thursday morning at his home after a 911 call. He was declared dead at the scene. No foul play is […]
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Donald Trump’s Big Beautiful Bill Update: Watch Live as House Votes
By Daniel Orton is a Live News Editor based in London. He helps to oversee a team of reporters covering a wide range of topics, from crime and U.S. politics to infrastructure and international news. His team also focuses on breaking news and exploring new story formats in visual and interactive journalism. Daniel […]
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Donald Trump Fumes at Republican Rebellion Over His Bill: ‘Ridiculous’
By James Bickerton is a Newsweek U.S. News reporter based in London, U.K. His focus is on covering news and politics in Texas, as well as other general news across the United States. James joined Newsweek in July 2022 from LBC, and previously worked for the Daily Express. He is a graduate of Oxford University. […]
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Republican Rips Key Vote on Trump Bill as ‘Power Move’
Republican Representative Keith Self of Texas ripped a procedural vote taking place on the much-debated financial package dubbed the “big, beautiful bill” by President Donald Trump Wednesday night, saying he’s a “no,” as more talks are vital. Newsweek reached out to House Speaker Mike Johnson‘s office via email for comment. Why It Matters The attempted […]
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Student Loan Repayments Changed by Trump’s Big Beautiful Bill: What to Know
A slew of changes to the federal student loan system have won the approval of Senate lawmakers this week, marking a major shift in how students borrow and repay federal education loans. Why It Matters On Tuesday, Senators narrowly passed its version of the One Big Beautiful Bill Act, with Vice President JD Vance calling […]
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Map Shows How Many People Will Lose Healthcare in Each State Under Tax Bill
A number of states could see the population of Americans without health insurance increase by 5 percent if President Donald Trump‘s tax and spending bill is passed, according to data collected by KFF. Louisiana, Washington and Oregon are expected to see the biggest rises in the number of constituents without health insurance if the “Big […]
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