Cuts to Medicaid and anti-poverty programs wipe out gains low-income households could see from policies like no taxes on tips ...

Kris Cox: The bill overall takes food assistance and health care coverage away from people with low and middle incomes, and ...

The tax bill before Congress would partially exempt the U.S. Virgin Islands from a law meant to crack down on tax havens, ...

Americans face a shortage of affordable homes. The mega tax bill championed by the Trump administration may shape housing affordability for years to come.

Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...

Senate Republicans hope to pass the "big, beautiful bill" by July 4th. It will then go back to the House for consideration.

The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis ...

The ‘big, beautiful bill’ effectively kills the tax incentives that are keeping solar customers’ monthly energy bills so low.

One thing some are seeing as a win for businesses? Expanding and making permanent the "pass-through deduction." ...

Analysts say some working-class Americans who qualify for Medicaid could lose coverage because of churn from more frequent ...

The Republican tax bill approved by the House would cost the poorest Americans roughly $1,600 a year while increasing the ...

The U.S. Senate has added language to the major tax and budget policy bill that would restart and expand a compensation ...