News

Investors see worsening US deficit outlook as tax bill heads to Senate
The House version of the bill is calculated to add about $3.8 trillion to the federal government's $36.2 trillion in debt ...
Budget bill passes the House. What to know about Medicaid cuts and tax exemptions
The House votes in favor of "big beautiful bill." If bill passes Senate, some will see tax cuts and millions could lose ...
All Medicaid gender transition care is cut in late addition to GOP tax bill
The prohibition abruptly expanded to include adults hours before the House passed the bill, escalating the crackdown on ...
The biggest losers in Trump's tax bill might be elite colleges
The U.S. House of Representatives passed a major tax on university endowments on May 22. Colleges say the measure would slash ...
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
Don’t spend your SALT refund just yet. Here’s how the Trump tax bill can change.
The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...
In new attack, Trump spending bill would hike taxes on elite colleges
The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment ...
US Debt Limit Nail-Biter Looms as Senate Ponders Tax Bill
Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President ...