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President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...
ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...
The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder ...
President Donald Trump plans to sign his package of tax breaks and spending cuts into law Friday after his cajoling produced ...
Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.
From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...
The bill just passed by the Senate excludes immigrants and their citizen relatives from certain tax credits while ...
The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...