CBO

The cost of extending the 2017 tax cuts for households, small businesses and the estates of wealthy individuals enacted under President Donald Trump has expanded, according to new estimates from Congress's fiscal scorekeeper.

The Senate Democrats' tax, climate and drug-price bill would reduce federal deficits.

A major IRS enforcement boost will likely be omitted from a forthcoming top-line revenue estimate of Democrats’ tax-and-spend package.

The dilemma represents another challenge with the special legislative process known as budget reconciliation.

The federal government is taking in less money but can’t tell if the shortfall is tied to the 2017 tax cuts or other factors like trade uncertainty, the Congressional Budget Office said in a letter.

The president promoted the tax overhaul on Tax Day, even as the law has swelled the deficit and failed to gain traction with voters in last year’s midterm elections.

A new survey by a website catering to pawnshop customers finds they're not getting much benefit from tax reform.

The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the Congressional Budget Office.

The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay on its mammoth pile of accumulated foreign earnings will probably hit federal coffers in an eight-year trickle, not a one-time torrent.

Republican lawmakers will overturn a key piece of the Affordable Care Act in their tax overhaul, a victory in a long GOP campaign against the health law.