The Senate has passed about $9 billion in federal spending cuts requested by President Donald Trump, including deep ...

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 ...

The federal deduction for state and local taxes (SALT) is back in the spotlight. Senate Republicans unveiled their tax plan Monday, leaving millions of Americans wondering what it means for their ...

The Senate could vote as soon as Wednesday on a so-called rescissions package, significantly impacting public media funding and foreign aid programs.

Two Republican senators and a broad coalition of funders made a big difference for private foundations during negotiations ...

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 Senate passed President Trump’s tax bill on Tuesday, to exaggerated glee and consternation. Republicans say it is the start of a new economic golden age, while Democrats call it spendthrift ...

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 ...

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 ...