All in: Tax Reform
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One of the wealthiest lawmakers on Capitol Hill, Buchanan could become even wealthier after he and other Republicans muscled a sweeping rewrite of the U.S. tax code.
Democrats call the the $1.5 trillion legislation a boon to the rich that leaves middle-class and working Americans behind. The vote was 224-201 along party-lines.
The GOP Tax Cuts and Jobs Act amounts to the most far-reaching rewrite of American tax law since 1986 — without the support of a single Democrat in Congress.
The legislation would add at least $1 trillion to federal deficits that were already sure to swell as baby boomers retire and draw on Social Security and Medicare.
Sen. Marco Rubio had been holding out for a bigger child tax credit for low-income families. He got it,
Rubio’s defection complicates Republican leaders’ goal of muscling the $1.5 trillion bill through Congress next week, handing President Trump his first major legislative victory.
A major overhaul of the nation’s tax laws that would provide generous tax cuts for corporations and the wealthiest Americans. Confident congressional Republicans forged an agreement.
The new tax bill, passed by the Senate early Saturday, is not just about taxes. It has significant consequences for the American health care...
Democrats argued that the unpopularity of the tax bill with its deep cuts for business and the wealthy and modest changes for many Americans made their votes relatively easy.
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Florida’s controversial surgeon general is drawing criticism for his...
The House passed the bill on a 108-7 vote Thursday just hours after the Senate approved it 23-14.
(AP) — Former AL batting champion Tim Anderson has...