64 m. ago Harvard Wins Reprieve, SALT Stalls: Tax Bill Winners and Losers

US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax bill, while low-income Americans and clean energy providers are poised to be hit the hardest.

Economics

12 h. ago Wind, Solar Credits Set to End Earlier in Senate GOP Tax Bill

Senate Republicans released a bill that would end tax credits for wind and solar earlier than for other sources, dashing hopes of those seeking relief from major cuts passed by the House.

Economics

13 h. ago Senate Republicans Release Revised Tax Cuts and Debt Limit Bill

Senate Republicans would cut trillions of dollars in taxes for households in their version of President Donald Trump’s signature economic package, a plan that comes at the expense of curbing health coverage for some low-income Americans and adding to US deficits.

Economics

23 h. ago Senate to Unveil Trump Tax Bill Draft With SALT Fight Unresolved

Senate Republicans plan to unveil key details of their version of President Donald Trump’s giant economic policy bill as soon as Monday, with the party pushing to enact the $3 trillion tax package by July 4.

Economics

39 h. ago PARKER: Pass the Big Beautiful Bill and then do major reforms

As Senate Republicans turn the One Big Beautiful Bill, passed by one vote in the House, into a major taffy pull, two questions hover in the background.  Where is our country headed? Will Republicans retain their razor-thin margins in the House and Senate in 2026?  Satisfaction regarding the direction of the country has improved markedly […]

Politics

5 d. ago Senate rejects effort to block arms sales over Trump’s dealings with Qatar, UAE

WASHINGTON — Senate Republicans have blocked an effort by Democrats to temporarily block arms sales to Qatar and the United Arab Emirates in response to President Donald Trump’s dealings in the region. Democrats forced two procedural votes Wednesday to protest Qatar’s donation of a $400-million plane to be used as Air Force One and a […]

Other

5 d. ago Millions of Acres of Public Land Sales Added to Trump’s Tax Bill

The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald Trump’s massive package of tax cuts and spending in the Senate’s version of the bill released Wednesday night.

Economics

6 d. ago Trump’s tax bill could raise taxes on foreign companies, hurting investment from abroad

WASHINGTON (AP) — President Donald Trump likes to say he’s bringing in trillions of dollars in investments from foreign countries, but a provision in his tax cuts bill could cause international companies to avoid expanding into the United States. The House-passed version of the legislation would allow the federal government to impose taxes on foreign-parented […]

Economics

7 d. ago Johnson Urges Senate to Minimize Changes to $40,000 SALT Deal

House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and local tax deduction cap to $40,000, pushing back on President Donald Trump’s willingness to scale back the write-off.

Politics

7 d. ago Leong: When politicians putting money back in your pocket doesn't really save you money

Opportunistic politicians want to sound good by offering you a tax cut. Sounds like a good deal but sometimes, it isn't

Politics

7 d. ago London's tax cut effort: A serious fix or 'a piece of political theatre'?

As city hall looks to limit next year's tax hike, there's limited appetite to cut services either within the city hall or from agencies funded by the city

Politics

8 d. ago Republican senators to watch in the maneuvering over Trump’s big bill

WASHINGTON (AP) — The Senate has set an ambitious timeline for passing President Donald Trump’s sweeping legislation to cut taxes and spending. But getting it on the Republican president’s desk by July 4 will require some big decisions, and soon. Republican senators are airing concerns about different parts of the legislation, including cuts to Medicaid, […]

Other

8 d. ago Senate Republicans Plan to Release Major Revisions to Trump’s Tax Bill

Senate Republicans intend to propose revised tax and health-care provisions to President Donald Trump’s $3 trillion signature economic package this week, shrugging off condemnations of the legislation by Elon Musk as they rush to enact it before July 4.

Politics

1 week ago Senate Republicans revise ban on state AI regulations in bid to preserve controversial provision

WASHINGTON (AP) — Senate Republicans have made changes to their party’s sweeping tax bill in hopes of preserving a new policy that would prevent states from regulating artificial intelligence for a decade. In legislative text unveiled Thursday night, Senate Republicans proposed denying states federal funding for broadband projects if they regulate AI. That’s a change […]

Other

1 week ago Elon Musk Urges Americans Take Action to ‘Kill’ Trump Tax Cut Bill

Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in the legislation, according to a person familiar with the matter.

Economics

1 week ago Carney's spending promises will require 'significant cuts' to the public service: PBO

Yves Giroux says a public service cap alone will not be enough to pay for the prime minister's tax cut and defence spending.

Transport

1 week ago Trump, GOP Senators Discussed Cutting SALT Break in Tax Bill

Donald Trump and Republican senators discussed ways to scale back the $40,000 state and local tax deduction cap in the House version of the president’s tax-cut bill, Senate Majority Leader John Thune said.

Economics

1 week ago Senate to Add Public Land Sales to Help Pay for Trump’s Tax Cuts

Senate Republicans plan to add the sale of public land into their version of President Donald Trump’s massive package of tax cuts, according to a key lawmaker.

Economics

1 week ago Musk calls Trump’s big tax break bill a ’disgusting abomination,’ testing his influence over the GOP

WASHINGTON — Elon Musk blasted President Donald Trump’s”big, beautiful bill” of tax breaks and spending cuts as a “disgusting abomination” on Tuesday, testing the limits of his political influence as he targeted the centerpiece of Republicans’ legislative agenda. The broadside, which Musk issued on his social media platform X, came just days after the president […]

Economics

2 w. ago Can Trump fix the national debt? Republican senators, investors and even Elon Musk have doubts

Four Republican holdouts would be enough to halt the bill in the Senate, where the party holds a three-seat majority

Society