A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

WASHINGTON—House Republican spending hawks blocked the party’s giant tax-and-spending bill on Friday, delivering President ...

Lawmakers from the president's own party joined all Democrats to reject a key domestic bill, demanding deeper budget cuts.

Many different think tanks and legislative analysts in Washington have been sounding the alarm that the GOP bill to cut taxes ...

The sweeping tax bill failed to clear a key hurdle, as hardline Republicans wanting deeper cuts blocked it, a rare ...

House Speaker Mike Johnson’s push to pass a sweeping tax and spending bill — the centerpiece of President Donald Trump’s ...

Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to ...

The bill targeted several subsidies for clean energy manufacturing, including credits critical for the domestic buildout of ...

In a setback for Donald Trump, his fellow Republicans in the House of Representatives have failed to pass the president's ...