Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Raising the threshold of eligibility for schools to receive the Community Eligibility Provision could save the government $3 ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

In the horse-trading to preserve Trump’s tax cuts, some House Republicans seek a SALT cap increase. Right now, the House has ...

President-elect Donald Trump’s signature tax cut bill could hinge on a House Republican fight over state and local tax ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending ...

Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

A cut in Connecticut taxes has not been widely discussed at the Capitol this year amid spending battles, but Gov. Ned Lamont ...