Trump, Tax Cut and spending bill
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President Donald Trump has signed the "Big, Beautiful Bill" into law, a sweeping tax cut and spending package. The new law includes several changes to the Child Tax Credit (CTC), a tax
A group of Senate Republicans are cautiously watching to see if a recent executive order will undo progress to temporarily preserve green energy tax credits in President Donald Trump's massive tax package.
The new federal tax and spending bill slashes clean energy programs including a 30% tax credit for home solar. The program now ends December 31, but experts say there are still resources available.
Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July 4.
Bloom Energy (NYSE:BE) +16.8% to its highest since January in Wednesday's trading as J.P. Morgan upgraded shares to Overweight from Neutral with a $33 price target, hiked from $18, after fuel cells unexpectedly qualified for Clean Electricity Investment credits as part of the new "Big Beautiful Bill,
Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ on proposed maximum amounts.
With the "one big beautiful bill" now law, a national school choice scholarship tax credit program will launch in 2027. A school choice advocate says Illinois