Tax Cut, big beautiful bill
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Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in President Donald Trump's budget.
U.S. House of Representatives Speaker Mike Johnson looks at U.S. President Donald Trump signing the sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," to mark Independence Day, at the White House in Washington, D.C., U.S., July 4, 2025.
The newly passed Big Beautiful Bill drives changes to individual benefits related to energy efficiency, including the repeal of green energy tax credits for energy vehicles (EVs). The Senate legislation,
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Trump has signed the "big, beautiful" bill, enacting sweeping changes to programs like SNAP and Medicaid. Here's what Tennesseans should know.