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 ...

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 ...

President Donald Trump's spending and tax bill — known as the “one, big, beautiful bill” — doesn’t bode well for Michigan’s youngest children and families, according to experts.

Hopes for a potential budget deal were dashed this week as the Michigan House of Representatives and the Michigan Senate ...

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 ...

Bartholomew County Council members had an overview discussion about decisions they’ll have to make over the next couple of years about instituting a wheel tax or increasing local option income taxes ...

Trump's One Big Beautiful Bill solidifies tax cuts from the Tax Cuts and Jobs Act and adds new ones that will impact most ...

A CNBC Special Report looks into the possible impacts the “one big, beautiful” bill could have on higher education, ...

U.S. Rep. Robin Kelly (D-Ill.) is warning that the reconciliation bill will devastate rural communities in Illinois, while ...

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 ...