The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income ...

The revised package now heads back to the House, where Republican leaders hope to approve it and send it to Trump before a ...

All eyes are now on the House after the Senate narrowly passed a major tax cut and spending bill that is the centerpiece of ...

President Donald Trump will continue to push the "One Big Beautiful Bill Act" as Senate Republicans try to meet Trump's ...

The House GOP ultimately passed the Senate’s multi-trillion-dollar package, after having earlier suggested a version of its ...

Republican leaders worked through the night to win over holdouts as they raced to pass President Trump’s tax and spending ...

What made the cut—from SALT to no tax on tips—and what didn’t.

U.S. Rep. Joaquin Castro, state Rep. James Talarico and former U.S. Rep. Beto O'Rourke are among those who've said they may ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

Some had to be excised completely and others rewritten before the Senate could pass its version of the bill on July 1st. Her ...

President Trump’s agenda passed in the Senate. It now goes to the House. Plus, we take a close look at this Supreme Court ...

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...