2 days ago · WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump’s top domestic priorities, providing for up to $4.5 trillion in tax cuts and a $4 trillion increase in the debt limit so the U.S. can continue financing its bills.

2 days ago · House Republicans unveil blueprint to extend $4.5 trillion in tax cuts and lift the debt ceiling. House Republicans have set the stage for advancing many of President Donald Trump’s top domestic ...

2 days ago · House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

2 days ago · The budget proposal says that the House Ways and Means Committee can pursue up to $4.5 trillion in tax cuts, and sets a goal of cutting mandatory spending by $2 trillion. It would also increase ...

Jan 10, 2025 · On Friday, the U.S. Treasury released a new analysis of the various ways that extending the expiring individual and estate tax provisions of Trump’s 2017 tax overhaul — known as the Tax Cuts and Jobs Act — could cost the government, and who would directly benefit the most from the legislation’s permanent extension.

Jan 28, 2025 · The Tax Cuts and Jobs Act of 2017 sunsets in 2025, and a new overhaul is expected. The Trump administration hopes to make key tax policy changes for both individuals and corporations, including ...

The tax-cut maximum is below the $5.5 trillion that would allow for extending all of the tax cuts that expire at the end of this year and make room for priorities of President Trump such as tax ...

Dec 20, 2024 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

Oct 22, 2024 · The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly. Here come the federal income-tax brackets for 2025. Take a long look, because...

Jan 23, 2025 · The TCJA (Tax Cuts and Jobs Act) is a sweeping tax overhaul that reduced tax rates, changed processes, and restructured individual and corporate tax frameworks.