So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and construction where extra hours are common. But don’t expect your weekly paycheck to grow. The savings will come when you file your 2025 taxes in early 2026.

Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings, down from current law that allows them to earn 100% back.

Republicans passed a massive package of tax cuts that is projected to explode the national debt by $4 trillion to $6 trillion over the next decade. This week, they went back to complaining about deficits almost as if nothing had happened.

Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in President Donald Trump's budget.

One such group, Clean Energy for America, is deploying billboard ads next week targeting seven of the lawmakers considered most vulnerable in the 2026 races. The ads in lawmakers’ districts say the Republican “just voted to raise your electricity bill” and directs readers to RepublicanRateHike.org, a website the organization created.

WASHINGTON, July 3 (Reuters) - Republicans in the House of Representatives advanced U.S. President Donald Trump 's massive tax-cut and spending bill toward a final yes-or-no vote early Thursday morning, appearing to overcome internal party divisions over its cost.

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

A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.