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Republicans in the U.S. Congress advanced elements of President Donald Trump's sweeping budget package on Wednesday after an all-night debate, as a key committee voted to approve tax cuts that would add trillions of dollars to the U.
Lawmakers on Capitol Hill are debating a new tax cuts bill that includes no taxes on tips and overtime, investment accounts for babies, and a new deduction for Social Security.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story House GOP moves Trump tax cuts through committee The House
Republican tax writers propose eliminating a $200 tax on firearm silencers as part of Trump's tax reform, potentially benefiting gun-rights groups. The move could cost $1.4 billion over a decade. While some argue it's about hearing protection,
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The Trump tax cut debate is heating up. Here are the key issues and who stands to benefitRepublican debate is heating up for Trump’s tax cuts. Here’s who could benefit from the final bill, according to policy experts.
In an effort to soften the proposal, Democrats issued a number of energy-related amendments countering Republican provisions aimed at slashing climate funding.
Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill.