Mr. Bessent and Stephen Miran, Mr. Trump’s choice to lead his Council of Economic Advisers, have argued that broad-based ...

The first thing to know about the Department of Government Efficiency is that it doesn’t exist.

Tax cuts were a hallmark of Donald Trump’s first term, but the president may face a tougher challenge this time.

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

A substantial cut in the capital gains tax would make President-elect Trump’s upcoming tax bill very beautiful indeed.

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...

Republicans were reportedly resorting to "magical thinking" to push through an extension of President-elect Donald Trump's ...

Sen. Ron Wyden (D-OR) laid bare the plans of how House Republicans plan to finance their tax cuts for the rich by gutting ...

President-elect Trump is promising sweeping changes with his pro-growth agenda that will impact industries such as energy, ...

President-elect Donald Trump has proposed trillions of dollars of tax cuts. In some states, governors and lawmakers are ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...