The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...

The Senate has hauled President Donald Trump’s big bill of tax breaks and spending cuts to passage after a turbulent ...

At some 887 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, ...

U.S. Senate Republicans passed President Donald Trump's massive tax-and-spending bill on Tuesday by the narrowest of margins, ...

The measure would raise the cap on state and local tax deductionsto $40,000 from $10,000. In doing so, it would deliver the ...

Senate Republicans hauled President Donald Trump’s big tax breaks and spending cuts bill to passage Tuesday by the narrowest ...

President Donald Trump’s “big, beautiful bill” required a tie-breaking vote from Vice President JD Vance in order to pass in ...

U.S. stocks are mixed, with the Dow jumping 400 points after Senate narrowly passes tax bill. Tesla shares sink on Trump ...

Vice President JD Vance said cuts to Medicaid and budget impacts in the Senate tax bill don't compare to the importance of ...

The Senate narrowly approved Trump's so-called "One, Big Beautiful Bill" on July 1 on a 51-50 vote after three Republicans ...

The Senate on Tuesday passed a 1,016-page measure that enacts major planks in President Trump’s second-term agenda, from tax ...