Mitch McConnell

Senate Republicans have a new proposal to end the 'Death Tax.'

Among the items on the cutting-room floor are a deal on corporate tax breaks, including the expensing of research and development spending.

On taxes, the fate of research and development and private equity tax breaks remain mired in a dispute over expanding the child tax credit.

The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.

The Senate Republican leader ridiculed a tax plan targeting the unrealized capital gains of the ultra wealthy as a “harebrained scheme.”

While the immediate threat of a default would recede, the deal would merely delay the fight to December.

Finishing a bipartisan plan is pivotal to getting all Democrats on board with a budget outline setting up a $3.5 trillion package.

Accounting gimmicks may be needed to keep the federal government from defaulting.

President Joe Biden urged Senate Democrats to act boldly on his sweeping social and economic agenda Wednesday, as they began hashing out details of an $3.5 trillion tax and spending agreement that marks a crucial step forward for his plan.

The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy.