A group of fiscal hard-liners on the Budget Committee blocked the bill Friday morning. The group will try again to pass the ...

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 bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married ...

Earlier this week the White House published evidence that the president’s “big, beautiful bill” hikes taxes on the poor to ...

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

A key House committee on Friday failed to advance House Republicans’ massive tax-and-spending bill after hard-line ...

Many taxpayers could see even more money in their pockets in coming years under a sweeping tax and spending cuts package that ...

House Republicans are eyeing a vote on the final package before Memorial Day, even as they have yet to reach consensus on ...

GOP former House Speaker Kevin McCarthy on Sunday bashed the Republican lawmakers who blocked a bid to advance President Trump’s “One Big Beautiful Bill Act” last week.

In a stunning setback, conservatives have blocked President Donald Trump's big tax breaks and spending cuts bill.

As a Republican-backed bill moves ahead in the House, proposed tax cuts under the measure include some new and surprising changes that could impact the wallets of millions of Americans.