President Donald Trump is scheduled on Thursday to host Germany’s newly elected chancellor, Friedrich Merz, in the Oval ...

Problems are multiplying for Senate Majority Leader John Thune (R-S.D.) and other Senate negotiators in their bid to pass ...

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...

The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...

His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...

The GOP’s One Big Beautiful Bill – which makes sweeping changes to federal policies on taxes, health care, and much more – ...

As the House Republicans pass President Donald Trump’s sweeping tax bill, businesses may face drastic changes if approved by the Senate. The House GOP’s ‘One Big Beautiful Bill Act ’ would raise the ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

One of the most controversial tax provisions in President Donald Trump’s “big, beautiful bill” could soon be retooled in the Senate, threatening to upend a deal reached to appease a ...