But the benefits of the deduction, estimated to cost $31 billion over four years, may be limited to a narrow slice of ...

The bill, which is headed back to the House for approval, has a provision for a tax deduction on car loans, but only for those assembled in the U.S.

The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income ...

The One Big, Beautiful Bill Act was passed by the Senate. If the House passes the bill during reconciliation, American car ...

The measure would extend trillions of dollars in tax cuts from Trump’s first term and implement new campaign promises while ...

The budget-busting measure includes trillions in tax cuts for the wealthy and corporations along with harsh cuts to Medicaid and food stamps.

A provision in Senate Republicans' massive tax and spending bill could eliminate all penalties on automakers for missing fuel ...

President Trump's legislation that alters taxes, Medicaid, and more could get a House vote as soon as Wednesday — but the ...

Party leaders were able to muscle through considerable internal rifts, but the bill’s fate in the House was uncertain.

After a nail-biter vote in the Senate, the House is taking up President Donald Trump's giant tax and immigration bill. It's ...

Automakers are split over a measure to eliminate fines for failing to meet mileage standards that helped launch ...

WASHINGTON (AP) — The Senate slogged through a tense overnight session that dragged into Tuesday, with Republican leaders ...