News

Texas Sen. Ted Cruz and U.S. Rep. Marc Veasey discuss President Trump's "big beautiful bill", proposed tax and spending cuts
Senate Republicans hope to pass the "big, beautiful bill" by July 4th. It will then go back to the House for consideration.
Senate GOPs carefully weighing controversial tax provisions before bringing Big, Beautiful Bill to the floor
Big, Beautiful Bill timeline in jeopardy as Senate vote delays to June 22, leaving a tight window for House approval before ...
US Senate seeks to add expanded compensation for nuclear radiation victims to tax bill
The U.S. Senate has added language to the major tax and budget policy bill that would restart and expand a compensation ...
Tax Breaks for 529 College-Savings Plans Expand in GOP Tax Bill
Savers might soon be able to use popular plans for much more than college.
How No Tax on Tips Will Affect Companies and Employees
New legislation could mean big changes for some industries. But not all types of tips would be tax-free. Here's what to know.
Bessent Sees Deficit Falling Over 10 Years After Tax-Cut Bill
Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ ...
Medicaid 'churn': How working Illinoisians could lose coverage under Trump tax bill
Analysts say some working-class Americans who qualify for Medicaid could lose coverage because of churn from more frequent ...
$75 billion firm wins carve-out in tax bill after lobbying push
The tax bill before Congress would partially exempt the U.S. Virgin Islands from a law meant to crack down on tax havens, ...