A new Republican-backed tax bill in the House aims to end taxes on qualified tips. Strict rules determine who would be ...

The GOP's ambitious tax and spending bill faces internal challenges, particularly over the SALT deduction cap. A faction of ...

The proposed fiscal and spending bill by Republicans, endorsed by President Donald Trump, faces significant criticism for ...

House Republicans are in the final rounds of negotiations over a sweeping budget plan that has been significantly influenced ...

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 ...

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.

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans ...

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 ...

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...