https://www.taxtmi.com/news?id=48421 The statute preserves and extends prior tax reductions and creates new individual deductions while enacting major reductions to Medicaid and nutrition assistance through tightened eligibility and new work requirements, and rolling back green energy tax credits; nonpartisan scoring projects a substantial deficit increase and higher uninsured rates, and the bill reallocates funds to national security and immigration enforcement, triggering administrative implementation and compliance changes across tax and benefit programs. en-us Fri, 04 Jul 2025 00:16:03 +0530 Fri, 04 Jul 2025 00:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48421 The statute preserves and extends prior tax reductions and creates new individual deductions while enacting major reductions to Medicaid and nutrition assistance through tightened eligibility and new work requirements, and rolling back green energy tax credits; nonpartisan scoring projects a substantial deficit increase and higher uninsured rates, and the bill reallocates funds to national security and immigration enforcement, triggering administrative implementation and compliance changes across tax and benefit programs. News - Fri, 04 Jul 2025 00:16:03 +0530 https://www.taxtmi.com/news?id=48421