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

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a "senior bonus" that would ease the tax burden on older adults - although it would not end taxes on ...

With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .

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 ...

By setting and missing fake timelines, congressional majorities always shift the focus away from policy and toward how policy ...

President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

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

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

The owner’s box could soon be less opulent.A lucrative tax break that sports team owners can use to shelter billions of ...

Democrats railed against the bill that included at least $880 billion in cuts largely to Medicaid to help cover the cost of ...

Budget reconciliation may not be catchy, but it's been a vital tool for many presidents, including Ronald Reagan, whose first ...