Tax Cuts Expand Offset by Broader Credits and Deductions
The final GOP plan trims individual and business taxes with a 21 percent corporate rate and a $10,000 state and local tax deduction cap. It raises the child tax credit to 2,000 per child, expands refundability, and keeps the estate tax threshold high. Mortgage interest deductions shift cap to 750,000 for new loans, while 529 accounts gain K-12 use. Endowment taxes rise slightly, student loan deductions stay, and education and private school provisions are favored.
MENTIONED IN THIS ARTICLE
House
Marco Rubio
Florida
Mike Lee
Utah
Congress
Iowa
Grinnell College
Oldest Senate weighs on Washington as leaders pause votes
The article notes eight octogenarian members hold top posts in the Senate led by Sen. Hatch as major tax legislation advances with pauses for ill colleagues Thad Cochran and John McCain. It highlights the aging institution, calls for retirement timing, and cites Grassley and Feinstein among those in their 80s.
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Sen
Orrin Hatch
Utah
Senate
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Hatch
House
Thad Cochran
Rmiss
John McCain
Rariz
Cochran
McCain
Senate Historical Office
Congress
America
Washington
Walter Reed National Military Medical Center
Mitch McConnell
Chuck Grassley
Bob Corker
Rtenn
Appropriations Committee
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Armed Services Committee
James Inhofe
R-Okla
Middle East
Dianne Feinstein
Dcalif
Grassley
Alowa
Tran
Stephen Mally
the Gazette
Iowa
Calif
Senate Judiciary Committee
Washington, D.C
UnityPoint fights Iowa Family Planning exclusion over abortion rule
UnityPoint Health disputes DHS move to bar its hospitals from the state Family Planning Program arguing separate entities and tax IDs should not exclude all clinics. The university of Iowa hospitals also remain out of the program, while Planned Parenthood clinics face closures after the switch.
MENTIONED IN THIS ARTICLE
Iowa Department of Human Services
UnityPoint Health
Iowa
Illinois
Wisconsin
UnityPoint
DHS
Health Network
Human Services
Harry Rossander
Department
Teresa Thoensen
Unity Point
FPP
Thoensen
Medicaid
ProPublica
St. Luke’s
Allen Memorial
Waterloo
Iowa Lutheran
Des Moines
Matthew Dore
Drake University Law School
Dore
University of Iowa
Iowa City
Tom Moore
State Board of Regents
Planned Parenthood of the
Heartland
Towa
Fpcouncil.com
Alink-Locator
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U.S
Wall Street
Reuters
Eport
Wat
Unity Point Health
Srin
Jordan
Thegazette.com
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