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Here are some ways your taxes may change in 2025 and beyond. Tax benefits for small businesses The TCJA lowered the corporate tax rate for businesses to a flat 21 percent, from a graduated system ...
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
The Centers for Medicare and Medicaid Services (CMS) announced that 2025 monthly Part B premiums will climb to $185, an increase of $10.30 from $174.70 in 2024.
In the United States, the debt ceiling is a law limiting the total amount of money the federal government can borrow.. Since the federal government has consistently run a budget deficit since 2002, it must borrow to finance the spending that has been legally authorized in the federal budget.
An Act to amend chapter 35 of title 44, United States Code, to provide for reform to Federal information security. Acronyms (colloquial) FISMA2014: Nicknames: FISMA Reform: Enacted by: the 113th United States Congress: Effective: December 18, 2014: Citations; Public law: 113-283: Statutes at Large: 128 Stat. 3073 aka 128 Stat. 3073 ...
The standard Part B monthly premium rose from $174.70 in 2024 to $185.00 in 2025. Original Medicare's premiums and deductibles went up in 2025. The Part A annual deductible increased from $1,632 ...
Project 2025 (also known as the 2025 Presidential Transition Project [3]) is a political initiative to reshape the federal government of the United States and remove checks on executive power in favor of right-wing policies.