At its core, the sprawling 1,000-plus-page bill is centered on extending the tax breaks approved during Trump’s first term in 2017, while adding new ones he campaigned on during the 2024 ...

WASHINGTON (AP) — House Republicans are pushing to vote on their multi-trillion-dollar tax breaks package as soon as Wednesday, grinding out last-minute deal-making to shore up wavering GOP ...

A key House committee on Friday failed to advance House Republicans’ massive tax-and-spending bill after hard-line conservatives bucked President Donald Trump and blocked the bill over cost concerns.

By Tony Romm Reporting from Washington As Representative Jason Smith commenced a marathon session this week to consider a sprawling and expensive Republican tax package, he took special care to ...

EL PASO, Texas (Border Report) – Mexican officials are publicly knocking a proposed bill in the U.S. House of Representatives to impose a 5% tax on remittances. Mexico last year received $64 billion, ...

A powerful set of panels — the House Energy and Commerce Committee and the House Ways and Means Committee — are considering steep cuts to Medicaid and an extension of the GOP’s 2017 tax cuts.

Republicans in Washington, D.C., are working on preventing a child tax credit of $2,000 from dropping back to the $1,000 level, as a key House committee has released its plan for the popular tax ...

A report from the left-leaning think tank Urban Institute projects that while the wealthy will feel the bulk of the benefit from tax cuts, the spending reductions in programs like Medicaid and the ...

An early version of the House GOP’s tax plan would cost nearly $5 trillion, according to a new estimate from Congress’s nonpartisan tax scorekeeper. The cost far exceeds what is permitted by ...

As negotiations ramp up for President Donald Trump's tax agenda, there are key issues to watch, according to policy experts. The House Ways and Means Committee, which oversees taxes ...

The value of electricity subsidies, property tax abatements, and dedicated infrastructure is also intentionally omitted from the report’s calculation of foregone revenue. These ten states, ordered by ...

The $7,500 federal EV tax credit is currently available but faces potential repeal by House Republicans. Dealerships report confusion and inconsistency in offering the credit upfront to buyers.