The GOP's tax and spending bill faces internal hurdles, with the SALT caucus pushing for significant changes. This group of ...

If you're one of the millions of Americans earning less than $30,000 a year, here's what the Republican tax plan means for ...

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

U.S. President Donald Trump said on Saturday that Walmart should "eat the tariffs" instead of blaming duties imposed by his ...

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans ...

A House measure that would make it easier to yank the tax-exempt status of nonprofits that the Trump administration deems as ...

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

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 ...

Donald Trump and Republicans in Congress are imposing massive cuts to Medicaid in order to fund tax breaks for the richest ...

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 ...

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

Pay attention to an important shift in tone in Washington as Republicans evolve with President Donald Trump’s brand of ...