Texas, discusses the status of President Donald Trump's 'big, beautiful bill' after it failed to pass a key House Budget Committee vote on 'Fox Report.' ...

President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one last person to consult. He went to the White House.

Measures that made it before midnight dealt with jail bonds, an unconstitutional ban on gay sex and the liability of vaccine manufacturers.

The House GOP's new tax proposal introduces a $4,000 deduction for seniors, aiming to ease financial burdens amid rising ...

GOP leaders seek to defy parliamentarian’s warnings in attempt to overturn California clean air standards. With the possible ...

A House measure that would make it easier to yank the tax-exempt status of nonprofits that the Trump administration deems as ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

A new bill backed by House Republicans wants to extend the higher child tax credit President Trump instituted in 2017. The ...

Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

House Democrats oppose significant Medicaid cuts, while Republicans rejected the bill, arguing it should include deeper ...