Both the House of Representatives and the Senate have launched efforts to undo the change to the tax laws regarding gambling.

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

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

All eyes are now on the House after the Senate narrowly passed a major tax cut and spending bill that is the centerpiece of ...

Senate GOP leaders are looking to avoid a repeat of the lengthy and sometimes bewildering floor process that led to the ...

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.

Business and labor groups earlier this week had blasted the bill's phaseout of tax credits. The Senate bill effectively ...

A CNBC Special Report looks into the possible impacts the “one big, beautiful” bill could have on higher education, ...

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful ...

Senate Republicans proposed tax changes for Trump’s ‘one big, beautiful bill.” Some provisions have stirred debate.