Index/Organizations/United States Congress Joint Committee on Taxation

United States Congress Joint Committee on Taxation

Committee of the U.S. Congress

Fact-Checks

97 results
Nov 14, 2025
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Does Trump take a salary as president

Donald Trump is legally entitled to a $400,000 annual presidential salary (plus allowances) and publicly said he would not keep it; sources report he donated or directed his quarterly paychecks to gov...

Nov 5, 2025
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How does the Big Beautiful Bill affect middle class tax brackets in 2025?

The Big Beautiful Bill (One Big Beautiful Bill Act / Public Law No. 119-21) largely preserves the 2017 Tax Cuts and Jobs Act framework into 2025, keeping the seven tax rates and elevated standard dedu...

Jan 30, 2026
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What specific items (income, deductions, credits) were highlighted in the House Ways and Means Committee release of Trump’s 2015–2020 returns?

The published six years of ’s 2015–2020 federal tax returns and accompanying analysis that emphasized unusually large reported losses and negative adjusted gross income in multiple years, substantial ...

Dec 2, 2025

Are wealthy people getting ACA subsidies?

Enhanced Affordable Care Act (ACA) premium tax credits temporarily expanded eligibility so some higher-income households can receive subsidies; most federal spending on the enhanced credits goes to pe...

Nov 4, 2025

how much do corporations receive each year in tax breaks and similar tax incentives by the US government? also, how much does one month of SNAP benefits cost the government?

The best-supported range for annual federal corporate tax breaks and similar tax‑incentive measures lies between depending on which official measure and methodology is used; independent analyses have ...

Nov 14, 2025

How much federal funding goes to Obamacare subsidies?

Federal spending on the Affordable Care Act’s premium subsidies has grown substantially since 2014, driven by enrollment growth and temporary enhancements enacted in 2021 and extended through 2025; es...

Nov 11, 2025

What is the total cost of ACA subsidies to taxpayers in recent years?

Executive summary The different analyses converge on a clear theme: , but the exact annual figure depends on definition and timeframe. Recent mid‑2020s estimates center around , while shorter historic...

Nov 10, 2025

How much money does the ACA subsidies save the united states goverment in healthcare costs?

The Affordable Care Act’s (ACA) premium subsidies are a net federal expenditure but they also offset other federal and state healthcare costs by reducing uncompensated care and lowering reliance on sa...

Dec 10, 2025

What portion of the debt increase under Trump was due to tax cuts versus pandemic relief spending?

Independent budget analyses attribute roughly $8.4 trillion of added borrowing during the Trump years to a combination of tax cuts, pandemic relief and other spending; of that, the Committee for a Res...

Nov 13, 2025

How did the Biden Harris administration's tax policies affect middle-class Americans in 2023?

The evidence in the provided analyses shows , while some analyses and partisan statements argue that provisions and enforcement changes effectively raised burdens for some middle‑class taxpayers. The ...

Nov 9, 2025

Did Trump donate his entire presidential salary to charity during his term in office?

President Donald Trump publicly pledged to donate his presidential salary and did make repeated quarterly contributions to federal agencies during most of his term, but contemporary reporting and tax-...

Nov 17, 2025

How did the Trump tax cuts affect federal deficits and income inequality?

The evidence in the provided reporting and analyses shows that the 2017 Tax Cuts and Jobs Act (TCJA) reduced federal revenues and added substantially to projected deficits—CBO/JCT estimates put the 20...

Jan 30, 2026

How do US laws and IRS rules govern public release of a taxpayer's tax returns?

Federal law treats tax returns and “return information” as confidential by default under , and the statute prescribes narrow channels and reporting requirements when federal agencies or the request ac...

Jan 27, 2026

Which states have formally decoupled from the federal tip and overtime deductions and what revenue impact did analysts estimate for each?

A small handful of states have already taken explicit positions on whether to “conform” to the for qualified tips and qualified overtime introduced in the One Big Beautiful Bill; most states remain un...

Dec 19, 2025

Did the GOP give trillions in tax relief to the rich in 2025?

Yes — in 2025 Republicans in Congress and the Trump administration enacted and implemented a tax package that independent and mainstream reporters and analysts estimate will reduce federal revenue by ...

Dec 18, 2025

How did the 2017 Tax Cuts and Jobs Act affect federal revenue and deficits from 2017 to 2020?

The Tax Cuts and Jobs Act (TCJA) of 2017 materially reduced federal revenues and raised deficits in its first years: official and independent scores projected roughly $1–2 trillion of added deficits o...

Dec 2, 2025

Prior to changes in the ACA (like the individual mandate being repealed), was it overall reducing the deficit? Is the ACA overall still reducing the deficit today?

Congressional Budget Office (CBO) and other nonpartisan analyses originally concluded the Affordable Care Act (ACA) would lower deficits overall; CBO estimated repeal would increase deficits by hundre...

Dec 6, 2025

How did the cost of ACA subsidies change after the 2017 individual mandate repeal and subsequent policy shifts?

The 2017 tax law eliminated the ACA’s federal individual mandate penalty effective 2019, a change the Congressional Budget Office estimated would raise the uninsured by millions and push up individual...

Dec 4, 2025

What was the total cost of ARP premium tax credits to the federal government?

Congressional analysts estimated the American Rescue Plan’s (ARPA) enhancements to marketplace premium tax credits would raise federal spending by roughly $22 billion (outlays) and reduce revenues by ...

Nov 24, 2025

How much will HR 1 add to the National debt

CBO estimated that enacting H.R. 1 as passed by the House on May 22, 2025 would raise federal deficits by $2.4 trillion over 2025–2034 and—after adding projected debt‑service costs—would raise the bil...