Democratic House members took turns blasting the tax and spending cut bill passed by President Trump and Republicans last week.

Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings, down from current law that allows them to earn 100% back.

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed $500,000.

Small Business Administration leader Kelly Loeffler took to a Baltimore brewery Thursday to highlight the benefits of President Donald Trump’s recently signed “big, beautiful bill.”

During her tour of Checkerspot, Loeffler emphasized that the bill is pro-worker, pro-growth and offers permanent tax cuts for small businesses.

Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits

Experts and advocates warn that it could have dire consequences for Alabama’s tenuous rural healthcare situation.

Bettors can still deduct losses from wins within a single session of play. But the Internal Revenue Service ( irs) is unlikely to let punters treat a full year, or arguably even a week, as one session. In the meantime, some sports bettors are placing their hopes on a potential loophole presented by a disruptive new entrant to the industry.