With the Republican-controlled Congress moving forward with President Donald Trump's call to extend the 2017 individual tax ...

House Speaker Mike Johnson has accomplished the seemingly unexpected, keeping his Republican majority in line to fund the ...

Earlier Wednesday, the European Union announced retaliatory trade action with new duties on US industrial and farm products.

If Elon Musk were to get his way, President Donald Trump would preside over an economic overhaul befitting a fellow 1980s ...

Unless Congress extends the Trump tax cuts, manufacturers will face increased taxes, reducing their global competitiveness ...

His tax cuts, tariff increases and other policy measures are estimated to have a 10-year cost of $5 trillion to $11 trillion.

Disagreements on spending cuts, the process and the debt limit are combining to slow a House-Senate agreement.

The overriding questions of President Donald Trump’s second term are how dramatically he wants to cut government, and how far ...

Karoline Leavitt said at a tense briefing on Tuesday that tariffs are a "tax cut for Americans," echoing claims made by ...

As Congress takes steps to fulfill Trump's campaign promise, Wisconsin politicians have also voiced support for the tax cuts.

Sixty-two percent of taxpayers could face a tax increase if the Tax Cuts and Jobs Act expires at the end of the year.

That’s according to J.P. Morgan’s chief economist Bruce Kasman, who says there’s a “40% chance of a U.S. recession this year and a risk of lasting damage to the country’s standing as an investment ...