Trump tax plan

Ultra-conservatives in the House are threatening to block a budget blueprint to kickstart tax cut negotiations, potentially delaying passage of Trump's economic plan.

The rebate, which would be geared toward boosting U.S. manufacturers, would be issued at the end of the year to offset the effects of retaliatory tariffs.

The openness to a new 40% tax bracket for millionaires comes after decades of Republicans opposing any form of tax increase.

President Donald Trump's much bigger-than-expected tariff hikes increase the urgency of the Republican tax-cut package now in negotiation.

Senate Republicans took a major step toward enacting President Donald Trump's tax cut agenda and increasing the U.S. debt ceiling.

The Senate plan will allow for a $4 trillion extension of Trump's tax cuts and an additional $1.5 trillion in further levy reductions.

A sizable increase to the current $10,000 limit on SALT write-offs would represent a major victory for a crucial group of swing-district House Republicans.

Fiscal conservatives in the party want steep spending cuts to help offset the multitrillion-dollar tax-cut package.

Republican leaders say they are closer to a plan to extend the 2017 tax cuts and increase the debt ceiling.

House and Senate Republicans are battling over the size of spending cuts to be paired with a giant tax cut coming later this year.