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

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...

Senate Republicans narrowly approved President Donald Trump’s sweeping tax and spending cuts package Tuesday after a dayslong ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

The House is planning to vote on the Senate-passed version of President Trump's "Big, Beautiful Bill" as soon as Wednesday ...

The House is expected to take up Senate Republicans’ version of the reconciliation package on Thursday, following debate time ...

Sen. Chris Coons (D-Del.) ripped the GOP’s “big, beautiful bill” Thursday as the House scrambles to get the reconciliation ...

Sen. Roger Marshall (R-Kan.) dismissed tech billionaire Elon Musk’s threat to back primary challengers against Republicans ...

The revised package now heads back to the House, where Republican leaders hope to approve it and send it to Trump before a ...

Small improvements in taxes are overshadowed by cuts to health insurance and other federal aid, resulting in a package ...

Rather than soften its edges, Senate Republicans took the sprawling Republican megabill the House sent them and sharpened it ...

The big story: The Senate passed the bill by a 51-50 vote — with Vice President JD Vance casting the tiebreaking vote — as ...