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Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.
May 12
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The proposal calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.
May 12
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The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.
May 9
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The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.
May 9
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President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts.
May 9
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President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.
May 9
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The state and local tax issue has been one of the most contentious for the House GOP to resolve.
May 8
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Lawmakers have separately discussed eliminating a tax deduction for pharmaceutical advertising.
May 8
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The legislative push for the massive tax package will begin in earnest next week as key House committees consider the legislation despite lingering divisions.
May 8
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The Top 75 Firm based in Atlanta has steered clear of private equity funding so far and plans to remain independent, despite frequent calls and emails.
May 7
