House Republicans are in the final rounds of negotiations over a sweeping budget plan that has been significantly influenced ...

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

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

President Trump is returning from a Middle East trip where he was feted by foreign leaders to find his legislative agenda on ...

Any tax plan that grows the deficit and dents confidence in the US government's ability to meet its obligations could send ...

In a massive setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the ...

By David Morgan and Bo Erickson WASHINGTON (Reuters) -Hardline Republicans in the U.S. House of Representatives blocked ...

The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

In a setback for Donald Trump, his fellow Republicans in the House of Representatives have failed to pass the president's ...

Lawmakers from the president's own party joined all Democrats to reject a key domestic bill, demanding deeper budget cuts.

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...