Trump tax plan

After Musk criticized the administration's tax bill, Trump threatened to withdraw government subsidies from Musk's companies and examine his immigration status.

The Senate worked through the night on the $3.3 trillion tax and spending package, with Republican leaders still negotiating with key GOP holdouts into the morning.

The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.

Senate Republicans remain at odds over how much to cut Medicaid and other social safety-net programs and how rapidly to end Biden-era clean energy tax breaks.

GOP senators voted in favor of the plan to count the extension of Trump's 2017 tax cuts as costing nothing by using an unprecedented accounting maneuver.

Senate Republicans restored major Medicaid cuts to Trump's signature economic legislation, re-fashioning a key provision to overcome a procedural obstacle.

The $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance, GOP leaders and Republican holdouts.

Senate Republicans appear to be making progress in resolving differences with House Republicans in the state and local tax deduction and other matters.

The agreement involved raising the limit on the state and local tax deduction to $40,000 a year for five years.

The remarks give Republican negotiators additional breathing room as lawmakers remain at loggerheads over several issues in the massive economic package.

Effort to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers hit a roadblock with the Senate parliamentarian.

A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump's tax bill.

The development could bring great relief to Wall Street investors worried about punitive tax measures on foreigners.

Senate Parliamentarian Elizabeth MacDonough ruled ineligible provisions that would have limited states' ability to tax health care providers to fund Medicaid.

Silicon Valley leaders are throwing their weight behind the tech industry's drive to use Trump's tax bill to sweep away state regulations on artificial intelligence.

The administration expects Senate leaders to bring the massive legislation to the floor on Thursday.

Senate Republicans are aiming to wipe away budget red ink from the GOP's signature tax-and-spending bill with an unprecedented parliamentary maneuver.

Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package.

The parliamentarian ruled the proposal is outside of the scope of the fast-track budget process for implementing a $4.2 trillion tax cut.

President Trump's tax-and-spending agenda is nearing a climactic vote in the Senate this week.