Any tax plan that grows the deficit and dents confidence in the US government's ability to meet its obligations could send ...

Lawmakers from the president's own party joined all Democrats to reject a key domestic bill, demanding deeper budget cuts.

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

House Speaker Mike Johnson’s push to pass a sweeping tax and spending bill — the centerpiece of President Donald Trump’s ...

Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to ...

Some Republicans are once again targeting a cap on deductions for state and local taxes, aka SALT.The SALT deduction cap ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

In a setback for Donald Trump, his fellow Republicans in the House of Representatives have failed to pass the president's ...

House Democrats oppose significant Medicaid cuts, while Republicans rejected the bill, arguing it should include deeper ...