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

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

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 ...

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 ...

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

Hard-right Republicans in Congress killed Trump’s long-promised tax overhaul on Friday, the same day Moody’s pulled the US ...

Opponents say the tax and budget bill will only make the rich wealthier and stifle Black communities in the long run.

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

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

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