House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package. Speaker Mike Johnson defied the skeptics within his ranks and muscled President Donald Trump’s priority bill to approval Thursday.

Speaker Mike Johnson suggested Wednesday that the next agenda item on House Republicans’ calendar could be passing legislation aimed at slashing more government spending. Johnson said Wednesday that House Republicans are “eager” to codify cuts to congressionally-appropriated funding made by President Donald Trump’s Department of Government Efficiency (DOGE) following the House’s passage of the president’s “one big,

While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile onto its spiraling mountain of debt because of its desire to cut taxes.

The final proposed 2025-26 spending plan that takes effect July 1 reduces the state’s highest marginal income tax rate to 6% from 6.2%. $35 million for the state Department of Transportation to cover Hurricane Helene expenses; $80 million for the Department of Commerce’s Locate SC program, which prepares sites for development;

Donald Trump's policies, including tariffs and tax cuts for the wealthy, are impacting America's economy and middle-class families. We are a Democrat and Republican seeking solutions.

U.S. Sen. John Cornyn made a stop in Waco on Tuesday to meet with small business owners and discuss the future of the 2017 Tax Cuts and Jobs Act (TCJA), a signature piece of legislation passed during President Donald Trump’s first administration that is set to expire at the end

Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald Trump’s suggestions.

Norway plans to randomly select 100,000 people born between 1990 and 2005 to receive annual tax cuts of up to $2,700 for several years, aiming to measure the effect on income and employment, the Labour Party government said on Tuesday.