The 2017 bill brought about sweeping, albeit temporary, changes to the tax code. Provisions which nearly doubled the standard ...

Donald Trump wants to sign his 'big beautiful' tax and spending bill into law July 4. Here's where it stands before the final ...

The savings from the safety net cuts still are not enough to offset an expensive package of tax breaks that is projected to ...

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

President Trump's 'big, beautiful bill' makes tax cuts permanent, with lower rates, business expensing, and no tax on tips or ...

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

Republican lawmakers released details on President Trump’s ‘one big, beautiful bill,’ including an increased child tax credit.

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

A new Senate proposal could increase the Child Tax Credit (CTC) to $2,500, but millions of families might not benefit. The ...

Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...

By comparison, the House-approved bill would boost the top child tax credit to $2,500 from 2025 through 2028. After that, the credit's highest value would drop to $2,000 and be indexed for inflation.