Under the new law, gamblers will be allowed to deduct just 90% of their losses from their income taxes starting in 2026.

Senate Republicans are pushing to cut spending by $9 billion after passing a massive tax bill that is projected to hike the ...

The House budget chair and lead sponsor of the GOP tax and spending bill recounts the months of negotiations needed to unite ...

A group of Senate Republicans, including Utah Sen. John Curtis, negotiated slower phaseouts for clean energy tax incentives, ...

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...

Democratic Congresswoman Sarah McBride slams Republicans’ framing of deep cuts to the social safety net—and why she says the ...

Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...

An obscure provision tucked into the Republican megabill could wipe out professional gamblers and drive many bettors back ...

A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives ...

Republicans contend that the legislation's permanent business tax breaks will goose the economy ahead of the November 2026 ...

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...

The House passed the GOP tax and immigration bill. What’s next: White House press secretary Karoline Leavitt confirmed ...