Texas, discusses the status of President Donald Trump's 'big, beautiful bill' after it failed to pass a key House Budget Committee vote on 'Fox Report.' ...

In a news release, Guthrie, the comitteee chair, heralded the committee’s plan, (which also cuts in green energy and other ...

The GOP's tax and spending bill faces internal hurdles, with the SALT caucus pushing for significant changes. This group of ...

A bill has been introduced in Congress to reimburse the county for its Trump security costs, but there is no guarantee that ...

President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one last person to consult. He went to the White House.

Sean "Diddy" Combs spent most of his career as an influential figure in hip-hop, now he is on trial over human trafficking allegations. NBC News' Gadi Schwartz talks to Variety Senior Music Writer ...

GOP leaders seek to defy parliamentarian’s warnings in attempt to overturn California clean air standards. With the possible ...

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans ...

A House measure that would make it easier to yank the tax-exempt status of nonprofits that the Trump administration deems as ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

If no legislation is signed by Dec. 31, the current rates set in the Tax Cuts and Jobs Act of 2017 will expire, and the estate-tax exemption will be basically cut in half to about $7 million. Don't ...