"As the tax season starts, voters will begin to see the impact of the law's signature policies, like no tax on tips and overtime and an expanded child tax credit. Later this week, the Treasury Department will hold a summit to release more details about the "Trump Accounts" created by the law, which will be seeded with a $1,000 government contribution for babies born between 2025 and 2028 and which will serve as investment accounts for newborns."
"Last week, Trump told reporters aboard Air Force One that his message for Iowa was "straight to the farmers," touting the billions of dollars the administration made available as bridge payments to farmers negatively affected by the president's tariff policies. "You know, the farmers like Trump, and I like the farmers," Trump said. "The farmers have been very special to me. Very successful.""
President Trump will hold a rally in Clive, Iowa, to preview the administration's campaign message ahead of the midterm elections. Polling shows voters are unhappy with many elements of his messaging. The speech is expected to focus on energy and the economy, two areas where recent policy changes have negatively affected Iowa. The One Big Beautiful Bill Act enacted sweeping tax cuts and reductions to social safety net programs, including provisions like no tax on tips and overtime and an expanded child tax credit. The Treasury will release details about "Trump Accounts" seeded with $1,000 for babies born 2025–2028. Polling indicates public souring on the administration's foreign and domestic agenda, including aggressive immigration enforcement and federal actions in Minnesota. Farming groups have expressed frustration with the Republican-led House despite bridge payments to farmers affected by tariffs.
Read at www.npr.org
Unable to calculate read time
Collection
[
|
...
]