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House GOP grinding ahead with Trump’s big tax cuts bill
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Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
U.S. stock index futures slipped and Treasury yields surged on Wednesday amid growing fiscal anxiety as investors focused on discussions around U.S. President Donald Trump's tax-cut bill that has been plagued by Republican infighting.
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap be lifted as part of reconciliation.
Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for you and how to plan for it
Stock markets were mostly down and the dollar continued to fall as concerns persisted over U.S. government debt.
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction, according to a senior administration official, signaling a deadlock as Republicans aim to quickly pass a giant tax-cut bill.
The U.S. dollar fell on Wednesday, extending a two-day slide against major peers, as President Donald Trump failed to convince Republican holdouts to back his sweeping tax bill. Traders were also wary of U.
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