‘Unprecedented’ Tax Credit in GOP Megabill Would Fuel School Privatization
A tax credit proposal buried in the Big Beautiful Bill would allow school voucher fund donors to lower their taxes beyond the cost of their donations.
A tax credit proposal buried in the Big Beautiful Bill would allow school voucher fund donors to lower their taxes beyond the cost of their donations.
The Trump White House is showcasing more than a dozen large companies endorsing the "megabill" that takes away food assistance from millions of low-income families.
The top 100 donors in federal elections gave more than three times as much to Republicans as to Democrats, according to a review of 2024 contribution data.
Their reconciliation bill eliminates the free program and will push taxpayers back to a system to be developed with profit-driven tax prep companies.
Rep. Jason Smith, chair of the powerful tax-writing committee, took more PAC money from corporations last cycle than any House member since at least 2002.
Auto industry analysts say Tesla, which is losing market share in EVs, stands to win from Trump's 25% tariff plan on foreign-made cars.
Some of Intuit's lobbyists at a top D.C. firm recently held a swanky fundraiser for Senate Democrats.
Nine Democrats threatening to sink the reconciliation bill pulled in more than $150,000 in PAC donations last month.
Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.
Rep. Josh Gottheimer (D-N.J.) is the unofficial leader of a bloc of conservative Democrats opposing the up to $3.5 trillion budget reconciliation package.