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

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

Republicans made little attempt to justify this failed attempt at fiscal responsibility, choosing instead to please Trump.

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

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

The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring ...

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

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...

Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how ...

One such group, Clean Energy for America, is deploying billboard ads next week targeting seven of the lawmakers considered ...

During his remarks from the Senate floor in January, Senator Chris Murphy unleashed on President Trump over his efforts to give tax cuts to billionaires. Murphy stated, "That's not true; that's a ...

Control of Congress in next year’s election could turn on how Americans view the sweeping tax- and domestic-policy package.