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

The Republican tax and spending bill, a cornerstone of President Donald Trump's agenda, faces significant resistance due to ...

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

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

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

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 ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a "senior bonus" that would ease the tax burden on older adults - although it would not end taxes on ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.

With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .

Under the proposed Republican budget bill, House Republicans are aiming to slash billions in clean energy subsidies enacted ...

Conservatives have blocked President Donald Trump's big tax breaks and spending cuts bill in a stunning setback. House Republicans failed Friday to push it out of the Budget Committee. Five ...