The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...

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

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

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

House Republicans have included in Trump's domestic policy bill a 5% tax on cash payments sent by non-citizens to family in ...

The hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among ...

The Texas Republican blasted the proposal for adding more than $20 trillion to the already $36 trillion U.S. budget deficit.

By David Morgan and Bo Erickson WASHINGTON (Reuters) -Hardline Republicans in the U.S. House of Representatives blocked ...

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

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