Hakeem Jeffries said the gathering at Xavier University in New Orleans was the first stop on a nationwide tour to highlight ...

Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

Fresh off passage of the “One Big Beautiful Bill,” several conservative organizations and Republican lawmakers are preparing ...

Under the new law, gamblers will be allowed to deduct just 90% of their losses from their income taxes starting in 2026.

Republicans passed a massive package of tax cuts that is projected to explode the national debt by $4 trillion to $6 trillion ...

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...

Democratic Congresswoman Sarah McBride slams Republicans’ framing of deep cuts to the social safety net—and why she says the ...

An obscure provision tucked into the Republican megabill could wipe out professional gamblers and drive many bettors back ...

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...

Democrats used a Louisiana town hall Thursday night to preview one of their main strategies for attempting to retake the U.S.