Sen. James Lankford (R-OK) has introduced a bill that would change the calculus by allowing oil companies to deduct some of ...
But, Secretary of Commerce Howard Lutnick insists there’s a grand plan behind the chaos. “I know what his goal is — no tax ...
Republicans are targeting university endowment tax hikes to help reduce the national deficit and as a potential lever to ...
Trump threatens to tax imports from countries that allow imports of Venezuelan oil - Trump’s threat would penalize American ...
Trump announced immediately after his inauguration that he would be reducing the size of the federal government and appointed ...
Speaker Mike Johnson (R-La.) and key committee chairs from the Senate and House will meet Tuesday in hope of reaching a ...
The IRS could lose 10 percent of its revenue ($500 billion) because taxpayers and businesses think the Trump administration ...
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax ...
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...