News

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...
"Put simply, The Big Beautiful Bill will empower Big Beautiful Deportations," the White House said May 17 in a press release ...
To a small but crucial group of hard-right House Republicans, the tax and spending cut package produced by their colleagues ...
House Republicans are in the final rounds of negotiations over a sweeping budget plan that has been significantly influenced ...
A new Republican-backed tax bill in the House aims to end taxes on qualified tips. Strict rules determine who would be ...
Rep. Chip Roy (R-Texas) huddled with White House officials and Office of Management and Budget Director Russ Vought on Saturday to voice those concerns — but didn’t commit to backing ...
House Republicans blocked a major funding and tax cut bill and will reconvene Sunday to negotiate further.
In a news release, Guthrie, the comitteee chair, heralded the committee’s plan, (which also cuts in green energy and other ...
President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.
A House measure that would make it easier to yank the tax-exempt status of nonprofits that the Trump administration deems as ...
A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...