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Harvard, Other Ivies With Healthy Endowments Face Hefty New Taxes With Passage of Trump’s Signature Spending Bill
The tax bill raises the highest endowment tax rate — first passed into law in 2017 during President Trump’s first term, but set to expire along with the rest of the tax cuts in the original bill — to 8 percent from 1.4 percent. The new tax rate, which applies to annual investment income, will go into effect in the 2026 tax year.
Republicans' sweeping spending bill has passed Congress; here's what to know about any plans for a stimulus check.
The legislation now heads to the House for possible final approval, though a handful of Republicans there have already voiced ...
The Senate burns the midnight oil hoping to pass Trump’s spending agenda, the man accused of fatally stabbing four college ...
The Texas Tribune on MSN6d
Senate passes GOP’s tax and spending bill with Cornyn, Cruz priorities includedThe package includes $13.5 billion to reimburse states for border spending. It is expected to meet resistance in the House ...
WYFF News 4 on MSN5d
What's inside the Senate's mega spending bill? A political expert weighs in."It only passed the house by one vote with a $2.3 trillion increase in the debt. To ask the House to vote for a bill that ...
Debate will now begin on the spending bill – and that could take hours as New York Democratic Sen. Chuck Schumer has promised to have the nearly 1,000-page measure read before a final vote on ...
WASHINGTON (AP) — The Senate came to a standstill Tuesday after slogging through a tense overnight session, with Republican ...
DNC chair Ken Martin slipped past the censors on MSNBC, calling the Big Beautiful Bill on the verge of congressional passage ...
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