7 h. ago Senators to Vote to Pass Trump’s Tax Bill After Deal, Thune Says

Senate Majority Leader John Thune said his chamber will soon vote on passage of President Donald Trump’s tax and spending bill after securing enough support to pass the legislation.

Economics

33 h. ago Canada to rescind digital services tax to revive U.S. trade talks

The federal government said it will rescind the digital services tax "in anticipation" of coming to a trade deal with the U.S., following President Donald Trump cutting off talks.

Economics

33 h. ago ‘Thank you Canada for removing your Digital Services Tax,’ U.S. Commerce Secretary Howard Lutnick says

In a post on social media, Lutnick says the tax would have been 'a deal breaker' for any trade deal with the U.S.

Politics

56 h. ago After a dramatic vote, the Senate pushes ahead on Trump’s tax break and spending cut plan

By a 51-49 tally and with Vice President JD Vance at the Capitol to break a potential tie, the Senate cleared a key procedural step Saturday as midnight approached.

Economics

65 h. ago Senate Republicans Advance Trump Tax Bill on Crucial Test Vote

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote, a sign that Republican leaders are resolving the infighting over portions of the legislation and moving toward meeting a July 4 deadline the president has set for passage.

Economics

65 h. ago Trump Tax Bill Advances in Senate After Vance Pressures Holdouts

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance and GOP leaders and Republican holdouts.

Economics

65 h. ago Trump Tax Bill Advances in Senate as GOP Scrounges for Votes

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations, setting up fresh round of deal-making as Republicans seek to convince holdouts to support the bill for final passage.

Economics

3 d. ago Senate Tweaks Trump Tax Bill in Bid to Court Republican Holdouts

Senate Republicans unveiled a new version of their $4.2 trillion tax cut package that adjusts key provisions on the SALT deduction, Medicaid and clean energy as they try to meet a July 4 deadline set by President Donald Trump.

Economics

4 d. ago Trump Speeds Up Tax Bill Deadline as Tentative SALT Deal Reached

President Donald Trump amped up pressure on Congress to speed the passage of his tax-cut bill as Republicans reached a tentative deal on the state and local tax deduction, one of the key sticking points in the negotiations.

Economics

5 d. ago Senate could vote on controversial major projects bill today

OTTAWA — The Senate could vote today on Prime Minister Mark Carney’s controversial major projects bill — legislation that would give the federal government the power to fast-track projects it hopes will bolster the economy. The bill, which moved swiftly through the House of Commons, is subject to a programming motion in the Senate — […]

Politics

5 d. ago Treasury Close to Deal That Would Make ‘Revenge Tax’ Irrelevant

The Treasury Department is nearing a deal that would make the so-called “revenge tax” irrelevant, the agency’s second-in-command said, a development that could bring great relief to Wall Street investors worried about punitive tax measures on foreigners.

Economics

8 d. ago Senate Readies Tax Bill for Vote With Holdouts Threatening Delay

President Donald Trump’s tax-and-spending agenda is nearing a climatic vote in the Senate this week in the wake of air strikes on Iran, which risk embroiling the US in a prolonged Middle East conflict.

Economics

2 w. 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

3 w. 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

3 w. 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

3 w. ago Mike Johnson downplays Musk’s influence and says Republicans will pass Trump’s tax and budget bill

With an uncharacteristically feistiness, Speaker Mike Johnson took clear sides Sunday in President Donald Trump’s breakup with mega-billionaire Elon Musk. The Republican House leader and staunch Trump ally said Musk’s criticism of the GOP’s massive tax and budget policy bill will not derail the measure, and he downplayed Musk’s influence over the GOP-controlled Congress. “I […]

Politics