One such change relates to gambling.Previously, every dollar lost applied against every dollar won. The gambler's income was ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Vice President JD Vance provided the tie-breaking vote to get Trump's bill across the finish line. It now must go back to the ...

The Senate passed President Trump's sweeping spending package, including work requirements for some Medicaid recipients.

The Senate made several substantive changes to the House version of the GOP spending bill that the White House has decreed to be a must-pass. The modifications created a bill that had just enough ...

All eyes are now on the House after the Senate narrowly passed a major tax cut and spending bill that is the centerpiece of ...

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful ...

Senate Republicans hope they are hours away from passing their massive tax and immigration bill. But the outcome is far from ...

The Senate made several substantive changes to the House version of the GOP spending bill that the White House has decreed to be a must-pass. The modifications created a bill that had just enough ...