Lifestyle and Budget

GOP blocks Dem efforts to boost tax benefits for parents

Buffeted by seething partisan differences, members of a key House panel are digging into work on the sweeping GOP tax plan that President Donald Trump and Republicans are counting on to protect their majorities in elections a year from now.

House GOP revises tax bill, makes it less generous

With fanfare and a White House kickoff, House Republicans unfurled a broad tax-overhaul plan that would touch virtually all Americans and the economy's every corner, mingling sharply lower rates for corporations and reduced personal taxes for many with fewer deductions for home-buyers and families with steep medical bills.