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Expected Medicaid cuts in President Trump's tax bill draw the ire of Gov. Kathy Hochul, Rep. Hakeem Jeffries
Gov. Kathy Hochul and House Minority Leader Hakeem Jeffries spoke out Sunday against expected cuts to Medicaid in President ...
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No, New Yorkers are not getting the largest middle class tax cut in 70 years
But the income tax decrease in the 2025-26 budget, adopted on April 29, isn’t the largest in 70 years. The income tax rate applied to the excess of a certain threshold, known as a marginal rate, has ...
Oklahoma governor signs income tax cut deal: What to know
Gov. Kevin Stitt signed the income tax cut into law Wednesday. It was his key priority of the Legislative session, which must ...
GOP tax bill could force Michigan to reduce food assistance
At the end of the day, there's no way for us to backfill a cut of that magnitude,” said Jen Flood, state budget director for ...
After lawmakers pass budget with cuts and tax hikes, Gov. JB Pritzker blames state’s fiscal challenges on Trump
After Illinois lawmakers passed a budget with cuts and tax hikes, Gov. JB Pritzker blamed the state’s fiscal challenges on President Trump.
A new round of property tax cuts is headed to Abbott and Texas voters
The proposal raises the homestead exemption from $100,000 to $140,000 for most homeowners, effectively reducing the taxable ...
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Tax cuts today, benefit cuts tomorrow? Growing debt may threaten Social Security
The House-approved 'One, Big, Beautiful Bill' extends tax cuts but slashes social programs, raising fears about rising debt ...
Texas Legislature approves $338 billion two-year spending plan with a focus on property tax relief
A boost in public school spending, school vouchers, and money for water systems are other highlights of the state budget, ...