WASHINGTON—House Republicans unveiled a tax plan that raises the state-and-local tax deduction, ends some taxes on tipped ...

Income-eligibility rules for specific tax benefits are nothing new; lawmakers use them to limit the number of people who benefit and to control costs. That's especially the case as GOP lawmakers try ...

House Republicans unveiled a plan for Trump’s “big, beautiful bill" on tax breaks earlier this week that also includes ...

The House Ways and Means Committee has proposed lifting the CTC to $2,500 for the tax years 2025 through 2028, then keeping it at $2,000 beyond 2028. This proposal came on Monday as the committee ...

Environmental groups warned the proposals would pave the way for more oil and gas industry activity on public lands.

Draft legislation filed Sunday night, projected to save the government more than $900 billion, would cost millions of people ...

Senate Majority Whip John Barrasso, R-Wyo., appearing Sunday on NBC’s ” Meet the Press,” stressed the importance of getting to a result, given that the tax cuts implemented through reconciliation ...

You can reach Shane by emailing s.croucher@newsweek.com President Donald Trump said he is open to a higher tax rate on the rich ... interest loophole for Wall Street investors, per the report ...

“Efforts to control Medicaid spending will be necessary,” says the pro-business group whose top recent priority has been ...

Many provisions of President Trump’s signature Tax Cuts and Jobs Act from 2017 are set to expire at the end of 2025. Three economists break down the fiscal impact of the cuts for individuals and ...

The fine print on President Donald Trump’s “big, beautiful” tax and spending bill means “taxpayers have extra homework to do, ...

GOP lawmakers are divided on Biden’s clean-energy incentives as final provisions of Republican agenda are ironed out.