The House bill’s proposed $4,000 senior deduction falls short of eliminating taxes on Social Security benefits altogether.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...

President Donald Trump said on Wednesday that he plans to negotiate aspects of the "big, beautiful" tax bill, expressing ...

Billionaire Elon Musk has criticized President Donald Trump's "big, beautiful" tax and spending bill, saying it detracts from ...

The "Big Beautiful Bill," which passed in the House, includes new provisions for bonus depreciation, R&D deductions, and pass ...

Tech titan Musk told the BBC's US partner CBS News he was "disappointed" by the plan, which he felt "undermines" the work he ...

A proposed 3.5% tax on remittance transfers should be killed because it invades consumer privacy and would encourage the use ...

Tax credit cuts in President Trump's budget bill have slowed the expansion of U.S. clean energy manufacturing, risking ...

US Congressman Mike Flood faced a torrent of boos and jeers as he spoke to town hall attendees in his Nebraska district on ...

Domestic factories that make batteries to store power to meet America’s rising energy demand depend on Chinese components and ...

La., departs after he and Senate Majority Leader John Thune, R-S.D., made statements to reporters ahead of a vote in the ...

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.