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.

Top aides to the president are reaching out to senators to convey his enthusiasm for the agreement, a White House official said.

The $579 billion infrastructure deal is a win, yet the bipartisan plan faces hurdles in Congress that reflect challenges to the president's broader economic agenda.

President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort.

The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases.

April's hiring shortfall stiffened Republican opposition to the tax increases on the wealthy and corporations that are a central part of the administration's package.

The Senate Republican leader ripped the president's plan to end a tax break that lets the richest Americans transfer much of their wealth tax-free at death.

The president holds some advantages in pushing for what would be a massive expansion of the government.

Democrats’ go-it-alone stimulus plan faces night of GOP sniping

President-elect Joe Biden’s $1.9 trillion economic relief proposal serves as the opening salvo in a legislative battle that could be prolonged by the go-big price tag and the inclusion of initiatives opposed by many Republicans.

President-elect Joe Biden will seek a deal with Republicans on another round of COVID-19 relief, rather than attempting to ram a package through without their support, according to two people familiar with the matter.