Government

Rebecca Lester, senior fellow and associate professor of accounting at Stanford University, says tax provisions for R&D in the One Big Beautiful Bill will benefit smaller, research-intensive tech companies.

States will have to make tough choices about how to absorb or offset the reductions in Medicaid funding.

Despite being run by the states, roughly 70% of Medicaid funding comes from the federal government.

If Trump deports at least 10% of undocumented immigrants a year, Social Security funds are expected to be depleted six months earlier.

Unemployment claims from laid-off federal workers looking for new jobs are up nearly 60% year-over-year.

Texas lawmakers failed to pass a bill in the regular legislative session that would have improved local governments’ emergency communications infrastructure.

Plus, there’s no guarantee the public would maintain access.

It turns out there was not a surge in hiring. Instead, the seasonal adjustment to the data, meant to account for schools getting out, may have distorted the numbers in June.

A 10% or 20% tariff is it’s still a significant tax on imports — that Americans will pay.

The Congressional Budget Office projects the bill would increase federal deficits over the next 10 years by nearly $3.3 trillion from 2025 to 2034.