#federal-revenue-loss

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#santa-clara-county #budget-cuts #healthcare-layoffs #bonus-depreciation #tax-loopholes #luxury-assets #medicaid
California
fromwww.mercurynews.com
2 months ago

Santa Clara County eliminates 365 jobs amid Trump-induced budget challenges

Santa Clara County cut 365 positions and nearly $200 million from its budget after a projected $1 billion annual loss in federal revenues.
US politics
fromFortune
6 months ago

Life hack: Buying a private jet, yacht, or expensive car can help you save money through Trump's 'One Big Beautiful Bill' | Fortune

Expansion of bonus depreciation lets businesses deduct 100% of certain high-cost assets, boosting luxury purchases and cutting federal tax revenue by hundreds of billions.
Public health
fromwww.mercurynews.com
10 months ago

What are the health impacts of Trump's big, beautiful bill on Santa Clara County residents?

Santa Clara County anticipates over $1 billion in lost federal revenues due to sweeping cuts to Medicaid and food assistance programs.
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