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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.
April 8 -
The openness to a new 40% tax bracket for millionaires comes after decades of Republicans opposing any form of tax increase.
April 8 -
President Donald Trump's much bigger-than-expected tariff hikes increase the urgency of the Republican tax-cut package now in negotiation.
April 7 -
Senate Republicans took a major step toward enacting President Donald Trump's tax cut agenda and increasing the U.S. debt ceiling.
April 7 -
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.
April 2 -
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.
April 2 -
Fiscal conservatives in the party want steep spending cuts to help offset the multitrillion-dollar tax-cut package.
March 28 -
Republican leaders say they are closer to a plan to extend the 2017 tax cuts and increase the debt ceiling.
March 26 -
House and Senate Republicans are battling over the size of spending cuts to be paired with a giant tax cut coming later this year.
March 25 -
Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package.
March 24 -
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.
March 17 -
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.
March 12 -
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.
March 10 -
President Donald Trump took the lectern Tuesday for his primetime address beset by warning signs about the U.S. economy.
March 5 -
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.
March 3 -
House Speaker Mike Johnson, aided by a flurry of last-minute phone calls Trump had with wavering Republicans, overcame resistance from fiscal conservatives.
February 26 -
One of the biggest issuers in the municipal-bond market warns it may need to scale back its borrowing plans if federal lawmakers eliminate the tax-exemption.
February 25 -
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.
February 25 -
President Donald Trump expressed optimism about negotiations in Congress to push forward his agenda on taxes and immigration.
February 24 -
Cruise operators may yet avoid paying more corporate taxes despite threats from the U.S. Commerce Secretary to close favorable loopholes.
February 21



















