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The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring professional bettors to pay income tax on all their winnings, according to published reports. Professional gamblers, like the poker players you see on TV, had been allowed to deduct all of their losses from their declared income.
Democratic lawmakers from New Hampshire unite against President Donald Trump's $3.4 trillion bill, but the party's progressive base is "frustrated" with the lack of action in the fight against the Republican package.
Jamie Vigil fears the impact that Medicaid cuts in Trump's "big, beautiful bill' will have on her ability to obtain skin cancer treatment.
Already in a tight financial situation, Vista Medical Center East in Waukegan is studying the impact cuts to Medicaid in the “big beautiful bill” President Donald Trump signed into law Friday,
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Radio host Charlamagne claimed GOP support for the controversial Big Beautiful Bill despite political risks signals future elections might not be "free and fair."
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President Trump signed his 'big, beautiful bill' into law July 4. Hospitals say it will trigger 63,000 health job cuts in NY. What we know.