President Donald Trump is traveling to central Texas on Friday to survey the aftermath of a catastrophic flood that has killed more than 100 people and put his administration on the sudden defensive over its emergency response efforts.

Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns. This means you won’t see an immediate boost in your take-home pay — taxes will still come out of your paycheck — but when you file for 2025 early next year,