News

Republicans split on US credit downgrade as party's tax bill lingers
Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...
House GOP plan to raise child tax credit adds citizenship provisions
The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married ...
House Republicans unveil sweeping tax plan but have yet to resolve key fight over SALT
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
House Republicans look to help Trump strip tax-exempt status of nonprofits he says support terrorism
President Trump has threatened to revoke tax-exempt status for groups that don’t abide by his directives or agree with his ...
How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits
House Republicans' "one, big, beautiful" tax bill includes a new perk for older adults: a $4,000 deduction, framed as a ...
Key House committees pass tax and Medicaid portions of GOP's sweeping bill for Trump's agenda
House Republicans are eyeing a vote on the final package before Memorial Day, even as they have yet to reach consensus on ...
House budget panel rejects GOP megabill amid conservative opposition
The House Budget Committee voted against advancing the GOP's party-line tax and spending package Friday thanks to ongoing ...