President Donald Trump has signed his tax and spending bill into law after Republicans muscled it through Congress.

A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

At a Fourth of July White House picnic, President Donald Trump signed a major tax and spending bill, celebrating its passage ...

The legislation extends Trump's 2017 multi-trillion dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion.

Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

With the GOP’s “big, beautiful bill” headed to President Trump’s desk for signature Friday, wealthy Americans are poised to ...

Different provisions of the GOP tax and spending bill will kick in over the next year or so. Many are set to expire just ...

Medicaid cuts and hospital closures will hit hardest in the very communities that supported the president's budget plans.

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