GOP, Trump and Senate
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Cuts to Medicaid and anti-poverty programs wipe out gains low-income households could see from policies like no taxes on tips and overtime, nonpartisan estimates show.
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
A fresh Republican rift over taxes burst into public view Monday, as New York House Republicans slammed Senate GOP leaders for reportedly backing a plan to preserve the $10,000 cap on state and local tax deductions.
Big, Beautiful Bill timeline in jeopardy as Senate vote delays to June 22, leaving a tight window for House approval before the Treasury's early July debt ceiling deadline
Business lobbyists are working to kill a measure in the Republican tax policy legislation that would punish companies based in countries that try to collect new taxes from American firms.
A U.S. Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028 but extended the incentive to 2036 for hydropower, nuclear and geothermal energy, which are favored by President Donald Trump's administration,
The U.S. Senate tax committee proposed a full phase-out of solar and wind energy tax credits by 2028, but extended the incentive to 2036 for Trump administration-favored hydropower, nuclear and geothermal energy,