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The Biden administration hopes to help fund its agenda by cracking down on tax evasion, but its plan to require more bank information is drawing strong opposition from GOP lawmakers and banks.
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Democrats will try the same budgetary process from four decades ago when first-year President Ronald Reagan used reconciliation to achieve his "revolution" in federal fiscal policy.
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Why the dramatically new vision for the popular college savings plan could cost some states dearly.
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For weeks, Puerto Rican Gov. Ricardo Rosselló and his associates tried to play the Washington game, meeting with politicians and lobbyists across Capitol…
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As Republicans prepare to pass their massive tax overhaul, they are planning to lessen, or even eliminate, the estate tax. Critics say the tax plays an important role in making the economy fair.
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Republican leaders expressed confidence that the measure could pass the Senate. It is likely to face even fewer hurdles in the House, as the GOP aims to pass a tax bill by Christmas.
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After months of private negotiation, President Trump and GOP congressional leaders have revealed the outline of their tax plan. It calls for cuts in both individual and corporate tax rates.
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While the president was laying blame on "both sides" for violence in Charlottesville, Republicans were meeting to hammer out a tax overhaul. But they worry about whether Trump can make the sale.