A heated exchange over inflation, tariffs and rising deficits has reopened questions about whether Trump’s second-term policy ...

President Donald Trump hinted at a sweeping shift in U.S. federal tax policy, suggesting that the massive tariff revenues ...

The One Big Beautiful Bill introduced wide-ranging tax changes for seniors, service workers, car buyers and others.

Stream Los Angeles News for free, 24/7, wherever you are. Speaker Mike Johnson, R-La., initially said his conference would take the first steps this week to move the bill. But as the week progressed, ...

Democrats’ older alternative minimum tax claws back billions of dollars in savings from the newer GOP law.

I’m glad both Young Kim and Ken Calvert still say they support free trade and lower taxes. But can they act like it?

Center for American Progress analysis finds that a handful of provisions in the Big Beautiful Bill (BBB) funnel nearly $2.3 trillion in tax cuts mainly to the richest 10 percent of Americans, ...

New Mexico lawmakers are to open a special session Wednesday to boost funding for food assistance and rural health care — actions the Democratic governor contends are needed to “minimize the damage ...

President Trump's "big beautiful bill' could cost a Ventura County-run health system $400 million over six years, officials ...

Gov. Katie Hobbs is defending her push for five new tax breaks for Arizonans that are similar to President Trump's federal ...

"We are going to see a big bump in the first quarter with the refunds and the real income," Treasury Secretary Scott Bessent ...