News

Here’s what’s in the House GOP’s sweeping tax and spending cuts package
Now that nearly a dozen House committees have approved their portions of the massive GOP tax and spending cuts package, the ...
Republicans split on US credit downgrade as party's tax bill lingers
Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...
How the GOP Tax Bill Still Leaves Blue States Picking Up the Check
At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...
House GOP plan to raise child tax credit adds citizenship provisions
The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married ...
House Republicans unveil sweeping tax plan but have yet to resolve key fight over SALT
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits
House Republicans' "one, big, beautiful" tax bill includes a new perk for older adults: a $4,000 deduction, framed as a ...