The Retirement Savings for Americans Act, would give uncovered low- and middle-income workers access to a federally run retirement plan, is a bipartisan effort, and would offer federal matching ...

The bill would offer federally run retirement savings plans to low- and middle-income workers who lack access to an employee-sponsored plan. Representative Lloyd Smucker, R-Pennsylvania, reintroduced ...

The Republican House proposal, part of a broader tax plan, also suggests increasing the additional standard deduction for seniors. This plan offers a $4,000 deduction per taxpayer over 65 ...

The latest draft of the GOP’s plan to cut federal spending to pay for tax cuts and increased immigration enforcement no longer un-grandfathers ... Retirement cuts tweaked in House reconciliation ...

The House voted 215-214 along party lines early Thursday morning to pass its budget reconciliation package that includes a slimmer range proposed cuts to federal workers’ retirement benefits.

A proposal to change retirement benefits for federal employees was not included in the federal budget plan that narrowly passed the U.S. House this morning. U.S. Rep. Mike Turner, R-Dayton, had ...

The House plan would now: Reduce income tax from 4% to 3.5% in 2027 and then progressively decrease to complete elimination by 2037. Reduce sales tax on groceries from 7% to 5%.