President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick overview: 529 plans allow anyone — not just parents — to set aside money in an investment account for certain education expenses.

Senate Republicans are hoping to vote on the massive $4 trillion tax cut legislation as early as Saturday despite opposition from several of their members.

Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.

Congressional Republicans just passed President Trump’s sprawling domestic policy bill that extends and expands tax cuts and spending on defense and deportations, while slashing Medicaid, food benefits and clean energy initiatives.

CHICAGO - Following the signing of Trump and Republicans’ ‘Big Beautiful Bill,’ Illinois is raising awareness about the devastating impact

One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.

In addition to cutting health care and food assistance programs, the act’s energy and environmental provisions would raise energy costs, increase pollution affecting Americans’ health, and increase safety risks in a worsening climate.

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially undoing a big change in President Donald Trump’s 2017 law.