Tax cuts

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 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.

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.

Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package.

The stopgap funding bill paves the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.

The meeting, scheduled for Thursday at the White House, will be the first sit-down between the Senate tax panel and Trump since he took office again.

The bill would claw back $20.2 billion in spending for the IRS passed as part of President Joe Biden's signature green-energy Inflation Reduction Act.

President Trump's proposals to expand breaks to end taxes on tips, overtime and Social Security, once considered wishful thinking, are gaining momentum despite the costs.

House Speaker Mike Johnson, aided by a flurry of last-minute phone calls Trump had with wavering Republicans, overcame resistance from fiscal conservatives.

Treasury Secretary Scott Bessent and congressional leaders will begin meeting weekly as Republicans look to shape a tax cut package with a year-end deadline.

President Donald Trump expressed optimism about negotiations in Congress to push forward his agenda on taxes and immigration.

Trump needs as much revenue as he can get as Republicans in Congress work to iron out a plan to extend the 2017 tax cuts that are due to expire later this year.

President Trump intervened in the ongoing budget conflict between House and Senate Republicans just before a key congressional vote.

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The proposal aims to smooth the passage of Trump's top legislative priorities.