How the new tax and spending bill President Trump signed into law will impact education: billions less for college loans, and billions more for K-12 vouchers.

An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.

He touted the tax cuts in the bill, brushing aside criticism of the impact to social programmes such as food assistance and Medicaid. "The largest spending cut, and yet, you won't even notice it ...

Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how taxable capital gains are calculated.