Biggest Refund Season, Minnesota Fraud, & Senior Tax Deduction | 01/16/26

MORE: Lowest mortgage rates, Americans freed from Venezuela

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FRIDAY, JANUARY 16, 2026 | Read Online 📰 IN THE NEWS FOX BUSINESS | Trump economist expects 'BIGGEST REFUND SEASON EVER' FOX NEWS | SEC SCOTT BESSENT: How to stop fraud in Minnesota—and across the country The Trump administration is launching a nationwide anti-fraud effort modeled on actions in Minnesota to investigate and stop widespread government benefits fraud, recover stolen taxpayer funds, strengthen enforcement tools, and expand prosecutions to curb similar fraud across the United States. CBS NEWS | How the new $6,000 senior tax deduction could affect millions of Americans over 65 The new $6,000 senior tax deduction established in the recent federal tax law lets Americans age 65 and older claim up to $6,000 (or $12,000 for eligible married couples) in additional deductions on their 2025 tax returns—potentially boosting their refunds (about $670 on average according to AARP) if their income is below certain limits. FOX BUSINESS | Mortgage rates fall to lowest level since 2022 As of January 15, 2025, U.S. mortgage rates saw the average 30-year fixed mortgage fall to around 6 %-plus, its lowest level in more than a year, with the 15-year fixed rate also declining, offering some relief to homebuyers and supporting modest improvements in housing market activity. STATEN ISLAND LIVE | Staten Island man, 28, among Americans freed from Venezuelan prison, report says A 28-year-old Staten Island man named James Luckey-Lange was reported to be among several U.S. citizens freed from detention in Venezuela as part of a recent release of Americans held in Venezuelan prisons, a move the U.S. government called a positive step. 🇺🇸 FROM THE WHITE HOUSE President Trump Unveils The Great Healthcare Plan to Lower Costs and Deliver Money Directly to the People President Trump's Great Healthcare Plan is a broad proposal to lower prescription drug prices, reduce health insurance premiums, increase price transparency and accountability in the healthcare system, and send government funds directly to Americans (instead of to insurers and drug companies) to buy their own care, while calling on Congress to enact it into law. ✔ FROM THE PRESIDENT Was this email forwarded to you? Sign up here. Copyright (C) 2026 The White House. All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: The White House 1600 Pennsylvania Ave NW Washington, DC 20500-0005 USA Want to change how you receive these emails? You can update your preferences or unsubscribe