The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...

The GOP extended and increased the higher gift and estate tax exemption and affected AMT thresholds. What might this mean for ...

Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...

The GOP tax bill stands to deliver a $170 billion windfall to turbocharge immigrant detentions and deportations. But public ...

While 11 schools, including Princeton, MIT, Yale and Harvard. were hit with a higher tax on their endowments, Congress ...

Democrats view the Trump bill's cuts to Medicaid and food assistance as ready ammunition for their future campaign.

Republicans have long been in favor of lower rates and a simpler tax code. For Trump, only one of those priorities mattered.

That absolutism was tempered somewhat in Trump’s first term by the sensible cap on the state and local tax deduction. But the new legislation raises that cap and offers a larger tax break for heirs ...

Republicans see a lot to celebrate, but Democrats are hoping to build momentum leading into the 2026 midterms.

President Donald Trump and Republicans are phasing out tax credits that lower the cost to build wind and solar, which are now ...

WASHINGTON, July 3 (Reuters) - Republicans in the House of Representatives advanced U.S. President Donald Trump 's massive ...