YOUTUBE (The Hill) - Trump touts larger refunds in 'Big Beautiful Bill' as inflation, gas prices & Iran war offset gains
The White House says tax refunds are larger this year and officials point to tax changes included in President Donald Trump's 'Big Beautiful Bill' signed into law last July. The war in Iran may be on pause, but its effects on prices will continue to ripple through the economy after more than a month of disruption to the global oil and gas supply. Gas prices are up 40% since February with no sign of subsiding anytime soon. For many Americans, that extra crash is arriving at a critical time to pay for the cost of everyday necessities that continue to rise. And while the administration is touting these increased refunds, the inflation in the economy is offsetting those gains. #irs #gasprices #trump
