Nevada Democrat Catherine Cortez Masto sought to pass legislation that would restore full deductibility of wagering losses.

President Donald Trump falsely claims the ‘biggest tax cuts ever’ while Democrats add in the impact of a Biden-era policy.

Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, ...

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

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

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 budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.

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

The GOP Senate version of the "big, beautiful bill" would raise the cost of wind and solar projects by 10% to 20%, one energy ...

The legislation now heads to the House for possible final approval, though a handful of Republicans there have already voiced ...

Republican Senator Joni Ernst has introduced an amendment to the U.S. Senate's tax and spending megabill that would change ...