2026-05262Presidential DocumentWallet

President Hails Women's History Month with Tax Credits and Sports Protections

Published Date: 3/17/2026

Presidential Document

Summary

This Women's History Month, 2026, we celebrate the amazing women who have shaped America’s past and present. The government is supporting women by expanding tax credits, cutting medicine costs, protecting women’s sports, and boosting small businesses with new tax breaks. These changes help women, families, and entrepreneurs now and into the future, making life better and safer for everyone.

Analyzed Economic Effects

7 provisions identified: 7 benefits, 0 costs, 0 mixed.

20% Small Business Tax Deduction

The proclamation states a small business owner can now expand her company thanks to a historic 20 percent tax deduction. If you run a small business, this deduction is described as lowering your taxable income by 20 percent.

Permanent Child Tax Credit Expansion

The proclamation states the Administration has permanently expanded the child tax credit. If you have children, this change is intended to lower your federal tax bill for families with dependents.

Lower Medicine Prices via TrumpRx

The proclamation says the Administration has dramatically reduced prices on common medicines like insulin and fertility treatments through a program called TrumpRx. If you need insulin or fertility treatments, this is described as lowering what you pay for those medicines.

Tax Removed From Tips and Overtime

The proclamation says the "One Big Beautiful Bill" eliminated tax on tips and overtime pay, which puts more money in the pockets of hardworking women. If you earn tips or overtime, you would no longer pay tax on those amounts according to this statement.

Enforced Title IX Protections For Women

The proclamation says the Administration is enforcing Title IX "as it was originally written" to keep men out of women's sports and to ensure colleges preserve and, where possible, expand scholarships and roster opportunities for female athletes. This affects female students who participate in college athletics and scholarship decisions.

Farmers Gain From New Trade Markets

The proclamation states that new trade markets will allow farmers to sell more American-grown products around the world. If you are a farmer, this is described as creating more export opportunities for your products.

Creation of 'Trump Accounts' Investment Program

The proclamation says the Administration invested in the next generation through the historic creation of "Trump Accounts." This is presented as a government initiative intended to support the next generation.

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Key Dates

Effective Date
Published Date
3/12/2026
3/17/2026

Department and Agencies

Department
Independent Agency
Agency
Executive Office of the President
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