Lack of recognition of the dynamic has upset at least one Republican, Sen. Ron Johnson of Wisconsin, who dropped his own report Wednesday illustrating that the GOP’s megabill has little shot of ...

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

The ‘big, beautiful’ tax bill would cost low-income Americans an estimated $1,600 a year on average, while high-income people ...

White House Chief of Staff Susie Wiles told Republicans senators at a closed-door lunch meeting Wednesday afternoon that President Donald ...

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...

Colorado could be on the hook for $650 million per year to cover the gaps in spending that the federal reconciliation bill ...

The Congressional Budget Office estimated that if the House bill were to pass as written, the deficit would increase by ...

Housing advocates are cheering the Senate's embrace of expanding Low Income Housing Tax Credits which ensures a volume ...

Republicans in the Arizona Senate and House agree on a number of spending priorities, but their budget proposals remain far apart.

President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction - a ...

Without changes to the GOP's "big, beautiful bill," Sen. Josh Hawley fears "there’s going to be a lot of rural hospitals in ...

A tax credit proposal buried in the Big Beautiful Bill would allow school voucher fund donors to lower their taxes beyond the cost of their donations.