Republicans hate the idea of even a symbolic increase in taxes on the very rich. But Trump keeps bringing it up, only to give ...

The president reportedly reached out to House Speaker Mike Johnson about the idea earlier this week that would raise the tax ...

Senate Majority Leader John Thune (R-S.D.) is making it clear that he’s not a fan of President Trump’s proposal earlier this ...

The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary ...

Punchbowl News reporter Jake Sherman is hearing from members of Congress that President Donald Trump's willingness to raise ...

Trump posted on social media that hiking taxes on anyone, even the rich, could stir a political backlash, reviving the “Read ...

Trump’s ‘big beautiful’ spending bill appears on life support as GOP looks to end some tax relief president created - ...

President Trump flip-flopped again Friday on a controversial tax hike on millionaires as congressional Republicans struggle to reach agreement on a sprawling budget bill.

Former President Donald Trump said he would be open to a “tiny” tax increase on wealthy Americans, marking a shift as ...

We’ve negotiated in good faith on SALT from the start—fighting for the taxpayers we represent,” reads the statement signed by ...

The development of the highly anticipated Republican tax and spending bill has taken a potentially complicated turn as ...

WASHINGTON - A quartet of Republican members from New York state have rejected a House Ways and Means Committee proposal to ...