Taxes

Ryan says tax reform framework will be released this month

U.S. House of Representatives Speaker Paul Ryan said on Wednesday he was confident President Donald Trump would push for conservative tax reform and that an outline of a plan to be presented next week reflects consensus between tax writers in Congress and the Trump administration.

Senate GOP struggles with deficit in work on budget, taxes

Pushing toward the Republicans' prime goal of tax legislation, the GOP Senate leader and members of the Budget Committee are scrambling to come up with a budget deal to clear the way for the first tax overhaul in three decades.

Senate GOP struggles with deficit in work on budget, taxes

Senate Republicans are struggling with how many billions of dollars President Donald Trump's tax code overhaul will add to the deficit as they work on a GOP budget plan that's a prerequisite to any far-reaching change in the nation's tax system.

Mnuchin says he's still hopeful for tax bill by year's end

Treasury Secretary Steven Mnuchin says he is hopeful that Congress will pass a major tax overhaul this year and is signaling that the administration would be open to changes sought by Congress to improve the chances for passage.

Trump to meet U.S. senators in bipartisan push on taxes

U.S. President Donald Trump plans to host a bipartisan group of senators for dinner on Tuesday to make a push for tax reform and other top agenda items a week after he made an alliance with Democrats on raising the debt ceiling and funding government.

Hurricanes: Taxpayers may get stuck with the tab

After Hurricane Harvey barreled into Texas and ahead of the undetermined destruction the Southeast faces as Hurricane Irma makes landfall in Florida, the estimated cost of the recent natural disasters remains uncertain.