Republicans in the House and Senate have until Friday to pass the recissions measure that targets foreign assistance and the Corporation for Public Broadcasting.

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).

A political standoff has delayed a House vote on cryptocurrency legislation as Republicans struggle with timing constraints and internal disagreements over the GENIUS and Clarity acts.

The almost 900-page bill has plenty to say about taxes, and an array of changes, new credits and deductions are part of the new bill. But at its heart, the bill is about extending the tax provisions passed under the Tax Cuts and Jobs Act of 2017, during Trump’s first administration.

The $3 billion "Mass Ready Act" would be a historic investment in climate-readiness, state officials say. Advocates are cheering — but would like even more.

Missouri utility bills would rise the most of any state, according to the analysis from Energy Innovation, an energy policy think tank.

Analysis by clean energy think tank Energy Innovation found that the bill threatened thousands of clean energy projects, likely resulting in the loss of 760,000 jobs in the sector by 2030. By reducing access to cheaper renewable energy, the OBBBA will also sharply increase household energy bills, the analysts found.

The vetoed legislation would have rolled back anti-discrimination protections for transgender people in bathrooms, locker rooms, prisons, and sports.