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Senate, Tax and Bill

USA TODAY on MSN · 2d

See the changes the Senate made on GOP tax and spend bill

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend colleges and universities. Right now, students are considered full time and qualify for the maximum amount of aid if they take 12 credits a semester.

The Wall Street Journal on MSN · 4d

What’s in the Trump Tax Bill Passed by the Senate?

The bill proposes raising the state-and-local-tax deduction cap to $40,000 with a 1% increase every year through 2029, then reverting to $10,000 in 2030. It sets the income threshold at $500,000 and increases it by 1% annually through 2029.

Associated Press News on MSN · 4d

Senate passes Trump’s big tax and spending cuts bill as Vance breaks a 50-50 tie

Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax breaks and spending cuts.

5don MSN

Senate Republican tax bill passes ‘SALT' deduction cap of $40,000. Here's who benefits

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

4don MSN

Senate removes excise tax on renewable energy industry from Trump domestic policy bill

The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.

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