Richard Rubin
👤 SpeakerAppearances Over Time
Podcast Appearances
It's a test for Trump. Can he get everybody together? But it's also a moment for those members to kind of decide how far they're willing to push up against where the rest of the party and the president are going.
It's a test for Trump. Can he get everybody together? But it's also a moment for those members to kind of decide how far they're willing to push up against where the rest of the party and the president are going.
It's a test for Trump. Can he get everybody together? But it's also a moment for those members to kind of decide how far they're willing to push up against where the rest of the party and the president are going.
I covered that bill in 2017. And when it passed, they set all these tax cuts, the rates, the standard reduction, the child credit to expire after 2025. And I was like, OK, well, I know what I'm doing in 2025. And here I am in 2025 covering the extension of those things.
I covered that bill in 2017. And when it passed, they set all these tax cuts, the rates, the standard reduction, the child credit to expire after 2025. And I was like, OK, well, I know what I'm doing in 2025. And here I am in 2025 covering the extension of those things.
I covered that bill in 2017. And when it passed, they set all these tax cuts, the rates, the standard reduction, the child credit to expire after 2025. And I was like, OK, well, I know what I'm doing in 2025. And here I am in 2025 covering the extension of those things.
They see this as a moment to really go out and lock those in. That's the core of what this bill is.
They see this as a moment to really go out and lock those in. That's the core of what this bill is.
They see this as a moment to really go out and lock those in. That's the core of what this bill is.
The new stuff, they really are focusing on not people at the very bottom of the income scale who don't pay income taxes now, but people in the middle. So there is a higher standard deduction on top of the additional standard deduction. There is a child tax credit goes to $2,500 per child maximum.
The new stuff, they really are focusing on not people at the very bottom of the income scale who don't pay income taxes now, but people in the middle. So there is a higher standard deduction on top of the additional standard deduction. There is a child tax credit goes to $2,500 per child maximum.
The new stuff, they really are focusing on not people at the very bottom of the income scale who don't pay income taxes now, but people in the middle. So there is a higher standard deduction on top of the additional standard deduction. There is a child tax credit goes to $2,500 per child maximum.
The extra standard deduction for senior citizens, people 65 and over, goes up by several thousand dollars if this passes.
The extra standard deduction for senior citizens, people 65 and over, goes up by several thousand dollars if this passes.
The extra standard deduction for senior citizens, people 65 and over, goes up by several thousand dollars if this passes.
tax credits for wind, solar, battery manufacturing, all those kinds of things, you know, finish sooner and phase out faster. And so that's also part of the way that they're paying for this.
tax credits for wind, solar, battery manufacturing, all those kinds of things, you know, finish sooner and phase out faster. And so that's also part of the way that they're paying for this.
tax credits for wind, solar, battery manufacturing, all those kinds of things, you know, finish sooner and phase out faster. And so that's also part of the way that they're paying for this.
The Medicaid changes include work requirements for recipients.
The Medicaid changes include work requirements for recipients.