Bearings

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One Big Beautiful Bill

ITEP stated that OBBBA's tax breaks for tips, overtime, car loan interest, and seniors combined only make up about a tenth of its net tax cuts in 2026.

reported by one outlet so far · Attributed statement · first recorded Jul 8, 4:30 AM

How each outlet reported it

mediamatters.orgUnrated · Jul 8, 12:45 AM

ITEP stated that OBBBA's tax breaks for tips, overtime, car loan interest, and seniors combined only make up about a tenth of its net tax cuts in 2026

Cites: Institute on Taxation and Economic Policy · Details: about a tenth of net tax cuts

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