Kansas state revenues will drop after the sales tax on food was eliminated this year. More cuts could take us back to a bad ...

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

In the horse-trading to preserve Trump’s tax cuts, some House Republicans seek a SALT cap increase. Right now, the House has ...

Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Moore has said the state will face difficult choices in handling its worst financial crisis in 20 years, leading to ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

Walz wants to shift the tax burden to wealthier Minnesotans, but Republican House leaders say any increases are off the table ...

Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his ...