News

As the Senate prepares to vote on a key piece of the president’s domestic agenda, prominent critics, including Elon Musk, are speaking out.

Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups.

The nonpartisan Congressional Budget Office found that the richer Americans were, the more they would benefit from the measure carrying President Trump’s agenda. And the poorest would lose out altogether.

Once a seemingly offhand remark at a campaign rally, President Trump’s pledge to not tax overtime could become federal law.

The effect of the tax break is actually quite narrow.

In their fiscal package, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill.

The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.

Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.

House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump’s campaign pledges — for now.

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