Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in ...

Democrats used a Louisiana town hall Thursday night to preview one of their main strategies for attempting to retake the U.S.

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

Under the “Big Beautiful Bill Act,” lawmakers approved language that would implement a 90% cap on how much gamblers can ...

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

Slight changes to the big policy bill left the factory’s tax credits intact, according to the carmaker, which will use the ...

Republicans made little attempt to justify this failed attempt at fiscal responsibility, choosing instead to please Trump.

Donald Trump and the GOP's so-called "Big Beautiful Bill" guts Medicaid to give tax breaks to the rich, but the legislation ...

New Jersey's congressional Republicans must be ready to be held accountable for devastating cuts to Medicaid and SNAP in the ...

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