Senate, Tax Bill
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President Donald Trump and congressional Republicans are promising that their sweeping tax and spending cuts package will usher in an era of historic economic growth.
The Senate version of the bill includes a provision that would fully phase out both solar and wind power tax incentives by 2028. It does, however, keep incentives for nuclear, hydropower and geothermal energy for longer.
Republicans want to let businesses use a little-known tax credit to pay insurance companies to cover their workers’ leave.
Shorter tax credit deadlines proposed in Trump's tax bill would derail swathes of green hydrogen projects and severely curb hydrogen investment in the United States, industry experts warn.
Blue state House Republicans warn Senate GOP against removing SALT deduction increase from tax bill, with Rep. Mike Lawler declaring any such move 'dead on arrival' as negotiations continue.
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Kris Cox: The bill overall takes food assistance and health care coverage away from people with low and middle incomes, and that is extremely damaging.
Texas Governor Greg Abbott is expected to sign new legislation offering property tax relief to homeowners in the state struggling with rising bills, on Monday. If endorsed by voters in November, the measures pushed forward by the GOP-led Texas legislature would significantly lower the cost of homeownership for millions of Lone Star State residents,
U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for biofuels made from feedstocks produced outside of the United States.