The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

By David Morgan and Bo Erickson WASHINGTON (Reuters) -Hardline Republicans in the U.S. House of Representatives blocked ...

House Republicans have included in Trump's domestic policy bill a 5% tax on cash payments sent by non-citizens to family in ...

Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to ...

The Texas Republican blasted the proposal for adding more than $20 trillion to the already $36 trillion U.S. budget deficit.

A key House committee on Friday failed to advance House Republicans’ massive tax-and-spending bill after hard-line ...

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

The vote is a significant, but not fatal, setback to the legislation that President Donald Trump hopes will define his second ...

The hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among ...

The House Ways and Means Committee advanced its tax portion of President Donald Trump’s ‘big, beautiful bill.’ Here’s what’s ...

The Republican tax bill looks very different depending on your income—and your political lens.