The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...