Taxes

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.

Mnuchin, Ryan committed to tax overhaul by end of year

Treasury Secretary Steven Mnuchin and House of Representatives Speaker Paul Ryan voiced confidence on Thursday that Congress will pass an overhaul of the U.S. tax code by the end of this year, a major but elusive goal for President Donald Trump and his fellow Republicans.

Trump wants Democratic support for tax pitch

President Donald Trump made an overt pitch for Democrats to support his tax overhaul plan, singling out a North Dakota Democratic senator whose vote would be prized by the White House.