The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.

The Republican-controlled U.S. Congress on Sunday sought to push forward with President Donald Trump's sweeping tax-cut bill, ...

Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, as the Republican ...

The downgrade, which places the U.S. government one notch below Moody’s top Aaa status, comes as lawmakers weigh a budget ...

House Republicans have included in Trump's domestic policy bill a 5% tax on cash payments sent by non-citizens to family in ...

By David Morgan and Bo Erickson WASHINGTON (Reuters) -Hardline Republicans in the U.S. House of Representatives blocked ...

U.S. President Donald Trump's sweeping tax bill failed to clear a key procedural hurdle on Friday, as hardline Republicans ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old ...

Hard-right Republicans in Congress killed Trump’s long-promised tax overhaul on Friday, the same day Moody’s pulled the US ...

Direct File has come under fire during Trump's second term, and now it might be taking a final step toward the chopping block ...

A federal judge on Monday refused to block the Internal Revenue Service from sharing immigrants’ tax data with Immigration ...