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

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a "senior bonus" that would ease the tax burden on older adults - although it would not end taxes on ...

With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .

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

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

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 ...

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans work to pass a massive tax-and-spending cut bill that would add nearly ...