The legislation, dubbed the “One Big Beautiful Bill Act,” passed the U.S. House in May with only Republican votes and a razor-thin margin. It proposes an extension of Trump-era tax cuts, a boost in defense and immigration enforcement spending, and cuts to safety net programs such as Medicaid and SNAP. The nonpartisan Congressional Budget Office (CBO) estimated the plan would increase the federal deficit by roughly $2.4 trillion over the next decade and lead to 10.9 million mo

The amendment concludes the I-X Center’s legacy as a convention space, home to events like the Cleveland Auto Show, the Great Big Home and Garden Show, and the I-X Indoor Amusement Park. City officials have not disclosed when events will end or when the new tenant will begin operations, though the I-X Center’s website still lists events through November.

While the tax provisions grant temporary relief, the bill offsets its cost through deep cuts to major social programs. Medicaid faces projected reductions of $700 billion, including the implementation of work requirements for able-bodied adults under 65 and a $1 million cap on home equity eligibility for long-term care. SNAP (Supplemental Nutrition Assistance Program) is set to lose $300 billion over ten years, a shift expected to disproportionately affect low-income househol

In a rare display of bipartisan unity, the U.S. Senate unanimously passed the “No Tax on Tips Act” on May 20, 2025, marking a significant step toward changing the financial landscape for millions of American service workers. The bill, which now heads to the House of Representatives, would exempt up to $25,000 in annual tip income from federal income tax for employees earning $160,000 or less.

The downgrade follows similar decisions by S&P in 2011 and Fitch in 2023. Together, these actions reflect growing skepticism among global financial observers about the U.S. government's ability to sustainably manage its finances. Moody’s cited recent fiscal proposals under consideration, such as large-scale tax cuts and expansive spending bills, as contributing to the downgrade. These initiatives, the agency said, demonstrate a continued trajectory of budgetary deterioration

In a dramatic pre-dawn session on Thursday, the U.S. House of Representatives narrowly approved President Donald Trump's expansive tax and spending package, dubbed the "One Big Beautiful Bill," by a 215-214 vote. The legislation, central to Trump's second-term agenda, now advances to the Senate, where significant revisions are anticipated.

A grassroots initiative to eliminate all property taxes in Ohio has received approval from the Ohio Ballot Board to begin gathering signatures in hopes of placing the constitutional amendment before voters in November. The proposal, spearheaded by Citizens for Property Tax Reform and the Committee to Eliminate Property Taxes in Ohio, would not only abolish existing taxes on real property but also prohibit any future property taxation.

The bill outlines $715 billion in Medicaid cuts, which the CBO projects could result in at least 8.6 million individuals losing health coverage. Provisions include mandatory work requirements for childless adults aged 19 to 64, increased cost-sharing for beneficiaries, and stricter eligibility verification processes. Additionally, the bill proposes shifting a portion of Medicaid costs to states, a move that could strain state budgets and lead to further reductions in coverage

Following national best practices, the City of Cleveland has retained ownership of the 113-year-old building while transitioning management and operations to the Cleveland Public Market Corporation (CPMC), a nonprofit entity solely dedicated to the Market's success. According to the West Side Market's official website, this new structure allows the city to maintain ownership of the historic site while enabling flexible, specialized management.

House Republicans passed a budget resolution last night, setting the stage for a contentious legislative battle that could drastically resha

The Trump administration has introduced a five-part strategy aimed at reducing the skyrocketing prices of eggs in the U.S., which have been

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Judge Michael Holbrook’s ruling mandates that DeWine and the Ohio Department of Job and Family Services (ODJFS) formally request Ohio’s shar

A viral TikTok video from creator @GenericArtDad, real name Chris Gad, is making waves with over 800,000 views and for good reason. It perfe

The timing of the announcement coincides with a tense labor standoff. The International Brotherhood of Teamsters, which represents more than

Canadian Prime Minister Justin Trudeau is set to address the nation, having already consulted with Mexican President Claudia Sheinbaum. Mean

During a recent meeting at the Hungarian Reformed Church West Side conference center, residents shared their struggles with escalating tax b

The U.S. housing market faced significant challenges in 2024, marking the worst year for existing home sales since 1995. According to a repo

The gap between savings and care costs is particularly evident in states where assisted living expenses far exceed the national average. In

Musk and Ramaswamy’s proposals also face significant constitutional questions. The duo has argued that the president should have the authori