On Wednesday night, with just hours remaining before the bill reached the House floor for a vote, the House speaker told his so-called “moderate” members that he was moving forward with a bill that ...

President Donald Trump spent about an hour Thursday dining with people at his Virginia golf club who invested in a ...

The Tax Policy Center's research showed the average federal tax rate keeps climbing for richer households - even after the new bill's impact. A millionaire household would face an average 30.4% rate, ...

Republicans have set a self-imposed July 4 deadline to pass the legislation in both chambers and send it to Trump’s desk.

President Trump is hosting an exclusive gala on Thursday night for more than 200 of his crypto coin donors, raising concerns over the wealthy buying access to him. The attendees spent between $55k and ...

The final vote early May 22 ended a dramatic week on the Hill, where Norman and other House Freedom Caucus members held out ...

US President Donald Trump's "big, beautiful" tax bill has passed the House of Representatives with 215 votes to 214 and it now heads to the Senate for approval or changes.

Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal ...

Equities and oil prices slid Thursday on concerns over the US economy as President Donald Trump tries to push through fresh tax cuts that risks sending the country's deficit ballooning ...

The sell-off on Wall Street coincided with a surge in bond yields, which in turn raised the cost of U.S. borrowing and stoked ...

The bill reflects the current tension in the GOP over keeping old guard Republicans, business interests and Wall Street donors happy even as Trump challenges other elements of party orthodoxy.

Freedom Caucus Chairman Andy Harris said there is “no way” the “One Big Beautiful Bill Act” passes in the House on Wednesday.