Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.

In a surprising turn of events, conservative members of the Republican Party joined forces with Democrats to halt President ...

House Democrats oppose significant Medicaid cuts, while Republicans rejected the bill, arguing it should include deeper reductions.

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 ...

With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .

Under the proposed Republican budget bill, House Republicans are aiming to slash billions in clean energy subsidies enacted ...

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 ...

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans work to pass a massive tax-and-spending cut bill that would add nearly ...

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

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

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