Donald Trump

Senate Republicans have embarked on an unpredictable and potentially chaotic floor debate aimed at repealing Obamacare amid significant doubts that they can muster 50 votes to pass any kind of health bill.

Senate Republican leaders and President Donald Trump appear determined to begin a floor debate Tuesday on repealing Obamacare in a highly unorthodox way—without lawmakers knowing what they’ll be voting on or where it might end up.

The president may fall short of a single major legislative accomplishment in 2017.

Senate Majority Leader Mitch McConnell’s new proposal to simply repeal Obamacare appears to be dead less than 24 hours after he dropped his replacement plan for lack of support among fellow Republicans.

The president's plan would mostly benefit the highest-income taxpayers, according to the Tax Policy Center.

Some lawmakers threaten to vote against a deal unless it lays out the specific rate for corporations.

Donald Trump Jr. was tantalized by an offer of Russian government documents that would be damaging to Hillary Clinton’s presidential campaign. But the Russian he met days later had been shopping around information that was hardly a bombshell.

President Donald Trump’s top legislative aide said White House officials hope to have a unified plan for overhauling the U.S. tax code in place before Congress leaves Washington in August for a month-long recess—adding a new element to an already complicated timeline.

The White House is “absolutely committed” to getting its tax overhaul proposal through Congress by the end of the year—and that plan won’t include a 40 percent tax rate for the richest Americans, Treasury Secretary Steven Mnuchin said.

A federal rule aimed at limiting corporate “earnings stripping’’ for tax-avoidance purposes may pose an undue burden on taxpayers and may be changed or rescinded, according to an Internal Revenue Service notice.

The Treasury Department has issued a notice proposing to rescind or modify eight tax regulations under President Trump’s executive order aimed at reducing burdensome regulations.

Senate Republican leaders trying to break a logjam on their proposed health-care legislation are working with congressional budget officials to examine the impact of various changes they’re considering, a process that could take about two weeks, according to a GOP aide.

Donald Trump on Friday said that if Republican senators can’t strike a deal on their health bill, they should immediately repeal Obamacare and then replace it later, a reversal of the president’s earlier position.

Estate planning has once again entered the realm of uncertainty.

Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.

Donald Trump attacked the entity he referred to as the “AmazonWashingtonPost” in a tweet Wednesday morning, the latest attempt by the president to cast Amazon Chief Executive Officer Jeff Bezos’s ownership of the Washington Post in a nefarious light.

Senate leaders put off a vote on the Republicans’ health-care bill until after the July 4 recess amid growing opposition from GOP members to the plan drafted in secret by Majority Leader Mitch McConnell.

President Donald Trump has promised the largest tax cut in history, but for scores of the biggest U.S. corporations, it might be just a tax nick.

The long-awaited Obamacare replacement plan from Senate Republicans wouldn’t do much to preserve coverage for millions of poor and working-class people, but it would deliver tax cuts to the wealthiest Americans.

The measure would eliminate Obamacare’s tax increases, including a 3.8 percent net investment income tax, a 2.3 percent levy on medical device sales, a 0.9 percent Medicare surtax and a 10 percent indoor tanning tax. But a tax on expensive “Cadillac” employer-provided plans would be delayed, as in the House measure.