News

House Republicans unveil sweeping tax plan but have yet to resolve key fight over SALT
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
House GOP plan to raise child tax credit adds citizenship provisions
The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married ...
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 ...
Key House committees pass tax and Medicaid portions of GOP's sweeping bill for Trump's agenda
House Republicans are eyeing a vote on the final package before Memorial Day, even as they have yet to reach consensus on ...
House Republicans look to help Trump strip tax-exempt status of nonprofits he says support terrorism
President Trump has threatened to revoke tax-exempt status for groups that don’t abide by his directives or agree with his ...
How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits
House Republicans' "one, big, beautiful" tax bill includes a new perk for older adults: a $4,000 deduction, framed as a ...
House Republicans float compromise to placate warring factions: Faster Medicaid cuts and a larger SALT deduction
Speaker Mike Johnson is trying to strike a delicate balance between blue-state Republicans and conservative hard-liners on a ...
GOP hardliners defy party leaders and Trump as they vote to block agenda
President Donald Trump’s agenda has been thrown into chaos after a group of GOP hardliners blocked the bill in a key committee vote on Friday – dealing a major embarrassment to House Republican ...