What do you think of President Donald Trump’s so-called “big, beautiful bill, which he signed into law on July 4 after narrow ...

ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...

Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

President Donald Trump has signed his tax and spending bill into law after Republicans muscled it through Congress.

Trump signed the multitrillion-dollar legislation outside the White House, and then banged down the gavel that House Speaker ...

Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...

Colorado’s U.S. House members voted along party lines on President Donald Trump’s multitrillion-dollar tax breaks and ...

The president’s sweeping domestic policy achievement extends his expiring 2017 tax cuts, but could cause millions in the U.S.

A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.