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The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.
The Senate passed President Trump's sweeping spending package, including work requirements for some Medicaid recipients.
Senate Republicans proposed tax changes for Trump’s ‘one big, beautiful bill.” Some provisions have stirred debate.
The rescissions bill to claw back funding approved for foreign aid, NPR and PBS is a top Trump priority, but some Senate ...
The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
All eyes are now on the House after the Senate narrowly passed a major tax cut and spending bill that is the centerpiece of ...
U.S. Senate Republicans released proposed tax changes for Trump’s ‘one big, beautiful bill.” Some provisions are already stirring debate.