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Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...
Under the new law, gamblers will be allowed to deduct just 90% of their losses from their income taxes starting in 2026.
Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...
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 product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
Republicans’ tax and spending package, known as the One Big Beautiful Bill, included a so-called skinny Farm Bill, covering ...
Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending cuts law ...
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