tax cut, Republicans and House
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Republicans from high-tax blue states want higher cap for state-and-local tax deduction.
The full committee will debate and advance this legislation on ... fully extend the trillions in tax breaks he enacted via the Tax Cuts and Jobs Act, or TCJA, in 2017. Without TCJA extensions ...
The House Ways and Means Committee advanced its tax portion of President Donald Trump’s ‘big, beautiful bill.’ Here’s what’s in it and what’s holding up others.
Credit unions' federal tax exemption survived as the House Ways & Means Committee cleared Trump-backed tax cut extensions, but the issue could reemerge as a pay-for in final budget negotiations.
The child tax credit is currently $2,000 but will drop back to $1,000 at the end of this year if not extended. In a statement posted to Truth Social, Trump said the proposed bill is "GREAT" and sent a warning message to congressional Republicans who will likely push for changes: "We have no alternative,
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.