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 ...

The sweeping tax bill failed to clear a key hurdle, as hardline Republicans wanting deeper cuts blocked it, a rare ...

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

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

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

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

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 ...

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