The new tax law establishes "Trump accounts" for kids to help pay for college or other expenses. Experts say the accounts offer fewer tax benefits than existing options.

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the one the president promised on the campaign trail last year.

Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and construction where extra hours are common. But don’t expect your weekly paycheck to grow. The savings will come when you file your 2025 taxes in early 2026.

Gallup found that 62 percent of Americans disapprove of Trump’s handling of the issue, and there are signs of erosion among Republicans, too.

Trump also vowed to protect Social Security while on the campaign trail, and he has repeated that promise since returning to the White House. "I'm not going to touch Social Security, Medicare, Medicaid," Trump told Fox News in March. He also promised to rid the retirement program of fraud.

Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.

South Sudan has accepted eight third-country deportees from the U.S. and Rwanda says it’s in talk with the administration of President Donald Trump on a similar deal.

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.

Twelve rural hospitals in Indiana and several others in the Tri-State are "at risk" of closing, according to a center for health services research.

One year ago on Sunday, Thomas Crooks tried to assassinate President Trump at a campaign rally in Butler, Pennsylvania. A CBS News investigation shows what is known about Crooks. CBS News' Scott MacFarlane reports.