The Joint Committee on Taxation estimates that the OBBA change will reduce federal revenue by nearly $212 billion over the next decade. It benefited 0.07% of the population in 2019.

Times are different now than they were three or four years ago,” Trump continued. “We are a Country of passion and common sense. OWNERS, GET IT DONE!!!” The president mad ...

The U.S. tariff rate may have dropped significantly from its spring high — a truce in the U.S.-China trade war is set to expire on Aug. 12 — but continues to shape the forthcoming holiday period.