Nevada Democrat Catherine Cortez Masto sought to pass legislation that would restore full deductibility of wagering losses.

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...

(The Center Square) − The U.S. Senate has passed the Filing Relief for Natural Disasters Act, a bipartisan bill sponsored by ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.

Vice President JD Vance on Wednesday made the Trump administration’s first big pitch to sell the public on President Donald Trump’s sweeping budget-and-policy package in the swing political turf of ...

From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...

The bill would extend tax cuts from Trump’s first term and slash more than $1.1 trillion from Medicaid and other health-care programs.

Republicans claim to champion fiscal responsibility, but the Senate passed a $4 trillion spending monstrosity that makes the ...

Colorado’s Democratic leaders blasted congressional Republicans’ tax bill as a “complete betrayal” after the bill passed the ...

The Senate version includes a larger charitable deduction for non-itemizers than the House version, but it also sets a floor and a cap for wealthy donors, which could reduce giving.

Businesses benefit from Senate changes that would make permanent a series of breaks that had been offered only temporarily in ...