A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a child tax credit, but it decreases the number of families eligible for the ...

The bill will cut more than $2 billion in taxes but nearly 75% of it will come from eliminating the business rent tax.

U.S. budget deficits were already approaching $2 trillion when Republican lawmakers set out to extend and expand tax cuts ...

President Donald Trump on July 1 visits the 5,000-bed immigration detention center being built on 39 square miles in ...

President Donald Trump's recent signing of a comprehensive spending bill has sparked debate over its fiscal provisions.

The Senate bill creates an additional deduction of $6,000 for seniors on top of that. (The House bill’s amount is $4,000.) That deduction phases out for higher incomes and would expire in 2028.

President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have ...

The Environmental Protection Agency says the sprawling tax and policy bill should give it a victory in its fight to freeze ...

President Donald Trump signed the “One Big Beautiful Bill,” the spending bill containing his signature policies, on Friday, ...

The Environmental Protection Agency says the sprawling tax and policy bill should give it a victory in its fight to freeze ...

Beyond an inconspicuous garage door on the side of an otherwise conspicuous Snell Hall is the home of a student-staffed book ...

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...