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2025-05-29 20:27:53
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ President Trump's 2026 budget proposal aims to reshape ...



✍️ President Trump's 2026 budget proposal aims to reshape federal spending and tax policy, including cuts to non-defense programs and tax changes aimed at extending and expanding the 2017 Tax Cuts and Jobs Act.
👉 Extension of the 2017 Tax Cuts and Jobs Act
👉 Temporary boost in the standard deduction
👉 Elimination of taxes on tips, overtime pay, and Social Security benefits
👉 Expansion of the child tax credit
👉 Spending cuts to non-defense programs
👉 Creation of MAGA savings accounts
👉 Changes to the state and local tax deduction cap

#PaulMiller #NikAgharkar #LaurieSmith #GeorgeCarrillo #HowardGleckman #politics

https://s.yimg.com/ny/api/res/1.2/kwjXJ8jwTzzkUHuN8maK8g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/gobankingrates_644/c56072caa217ea830211abc03cce0801

https://finance.yahoo.com/news/trump-2026-budget-proposal-7-120211664.html

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