News

GOP Congressman Falsely Claims Trump's Tax Bill Won't Cut Medicaid, Food Benefits
Rep. Derrick Van Orden (R-Wis.) said Democrats are "lying" about the sweeping GOP plan to cut $1 trillion from federal health ...
What Republicans’ new tax bill would mean for state and local tax deductions
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
McCaul touts money in Trump tax bill to pay Texas back for fighting Biden border policies
House Republicans secured $12 billion in their reconciliation bill for states that incurred costs over the border crisis ...
Trump's tax policy bill clears the House. Next up: An opinionated Senate
President Donald Trump's sweeping tax and policy bill that would change Americans' everyday lives has cleared one big hurdle ...
US Debt Limit Nail-Biter Looms as Senate Ponders Tax Bill
Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President ...
Trump’s ‘Robin Hood in reverse’ tax bill is driving up the cost of buying a home, Democrats say
The cost for a 30-year fixed-rate mortgage crept up to levels not seen since February, reflecting bond market fears over ...
Treasury bond yields are surging as the Trump tax bill progresses. Here's why it matters.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.