News

Republicans split on US credit downgrade as party's tax bill lingers
Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...
How much would Americans of different income save in taxes if the GOP bill is signed into law?
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...
G.O.P. Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...
Conservatives Block GOP Tax Megabill, Demand Changes
WASHINGTON—House Republican spending hawks blocked the party’s giant tax-and-spending bill on Friday, delivering President ...
How the GOP Tax Bill Still Leaves Blue States Picking Up the Check
At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...
New York Republican Floats Higher Tax Rate to Pay for SALT
A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...
Five ways the GOP tax bill could affect Michigan, including $1B state budget hit
Some Republicans in Lansing acknowledge the state can't absorb a major reduction in federally-funded programs.
Mexican government opposes remittance provision in Trump tax bill
House Republicans have included in Trump's domestic policy bill a 5% tax on cash payments sent by non-citizens to family in ...