« Key provisions of the bill include No Tax on Tips, No Tax on Overtime, No Tax on Social Security, a deduction for auto loan interest on Made-in-America vehicles, and much more — putting more money back in the pockets of families, workers, and seniors, » it adds.
US Department of the Treasury, Secretary Scott Bessent said of the act: « The Working Families Tax Cuts are about opening the books for the American people.
« We want Americans to see exactly how President Trump’s policies will strengthen small businesses, allow workers to keep more of their hard-earned money and spur economic growth. »
President Donald Trump’s move to rebrand the Department of Defense to the Department of War could cost taxpayers $125 million, and that’s just the start of it.
You might be wondering what is going on in Trump’s Administration when it comes to the Department of Defense’s name being changed to the Department of War.
While it was once an informal nickname, Trump signed an executive order to change it to its official secondary title in September 2025, which might just have been a costly decision.
According to Trump, the change reflected the ‘strength’ of the US, as her said, per ABC News: « I think it sends a message of victory. I think it sends a message, really a message of strength.
« We’re very strong. »
However, this rebrand is likely to cost anywhere from $10 million to $125 million, the Congressional Budget Office (CBO) estimated in a January 14 report.These figures come as the CBO revealed if the name changed stayed within Secretary of War Pete Hegseth’s office, it could be on the cheaper end of the scale. However, it also ‘could be as large as $125 million if the name change was implemented broadly and rapidly throughout the department’.
“The faster the changes were implemented, the more parts of DoD that the changes applied to, and the more complete the renaming, the costlier it would be,” the estimate added.
