News

House Republicans unveil sweeping tax plan but have yet to resolve key fight over SALT
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
Low-income families would lose, wealthier ones would gain under GOP tax proposals
A new report shows low-income families would lose income and wealthy would gain if Republicans extend tax cuts and reduce ...
Factbox-What's in the Republican tax and health plan - and what is not
Republicans in the U.S. Congress have released initial drafts of a sweeping budget package that would fulfill President ...
House Republicans unveil Medicaid cuts that Democrats warn will leave millions without care
House Republicans have unveiled the cost-saving centerpiece of President Donald Trump’s “big, beautiful bill.” ...
Update on Proposed Tax Law Changes in the House and Senate
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...
Republicans to Reveal Whether They Will Advance Tax Hike on the Wealthy
Meanwhile, a handful of Republicans from high-tax states like New York, New Jersey and California are pressing for a higher ...
Tax on major university endowments raised to 21% in House GOP bill
Republicans are moving to raise the rate for schools with large endowments, all the way up to 21% for those with student adjusted endowments of $2 million.
The Republican tax and health plan: What's in and what's not
Republicans in the U.S. Congress have released initial drafts of a sweeping budget package that would fulfill President ...
House GOP proposes 10-year ban on state AI regulations
A Republican tax bill released late Sunday seeks to block states from regulating artificial intelligence (AI) models for the ...