The rescissions bill will claw back $1.1 billion in previously approved spending for the Corporation for Public Broadcasting, ...

The post House GOP Passes Sweeping Budget Bill With Tax Cuts appeared first on Self Employed. The House of Representatives has passed a major budget bill that combines ...

Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of ...

WASHINGTON (AP) — The Senate has passed about $9 billion in federal spending cuts requested by President Donald Trump, ...

The Senate has passed Donald Trump’s request to cancel about $9 billion in foreign aid and public broadcasting spending, ...

Although the tax cuts for the wealthy take effect in 2025 and 2026, the deep cuts to safety-net programs that slash $1 trillion from Medicaid over the next decade won’t start causing pain until ...

In this image from video from Senate Television, Vice President JD Vance, seated center, breaks a 50-50 tie to push President Donald Trump’s big tax breaks and spending cuts bill over the top ...

The Senate bill also would speed up elimination of clean energy tax breaks. Businesses benefit from Senate changes that would make permanent a series of breaks that had been offered only temporarily ...

Businesses benefit from Senate changes that would make permanent a series of breaks that had been offered only temporarily in ...

The legislation, centered around extending the expiring 2017 personal tax cuts, also included a suite of Republican priorities and drew unified Democratic opposition.

But overall, the Senate bill will make it too challenging to move forward ... brushed off criticism of the bill's aggressive phase out of renewable energy tax credit and its impact on grid stability ...

President Donald Trump’s tax and spending bill has cleared a major hurdle after passing through the US Senate last night (1 July). The ‘big, beautiful’ bill made it through the Senate following a ...