Rep. Jennifer McClellan warned that the proposed tax cuts in GOP budget proposals would hurt millions of Americans who rely ...

WASHINGTON (Reuters) - Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit ...

The House Budget Committee is meeting on Sunday night after that same panel voted on Thursday against advancing the GOP's ...

Intense negotiations are underway among House Republicans in the leadup to a crucial vote Sunday evening as GOP leadership ...

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

We are writing checks we cannot cash, and our children are going to pay the price,” said Rep. Chip Roy, R-Texas, a member of ...

The House Speaker said he was optimistic ahead of a committee vote set for late Sunday to advance the president’s tax and ...

T he latest tax proposal from the GOP, part of a broader fiscal package, promises an average tax cut of $1,300 for taxpayers.

Treasury Secretary Scott Bessent on Sunday dismissed Moody’s downgrade of the US sovereign credit rating, saying President Trump’s administration would ensure US economic growth ...

Rep. Ryan Zinke expressed concern over the country’s debt and advocated for states to shoulder the burden of federal programs ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.