Gop tax bill

Latest version would allow individual cuts to expire after 2025.

Senate Republicans’ tax proposal seeks to preserve medical deductions. That’s one of the proposed provisions revealing that the House and Senate don’t entirely agree on how to pay for promised tax cuts. Click the audio player above to hear the full story. 

Republicans in the Senate unveiled their tax bill yesterday. It proposes a delay the corporate tax cut that President Donald Trump says is crucial to spurring economic growth. The House plan would have cut the top corporate tax rate from 35 percent to 20 percent beginning next year. The Senate wants to delay that until […]

Many students rely on tax-free tuition waivers to make education affordable.

The debate over drilling in Alaska’s Arctic National Wildlife Refuge has returned to Washington, this time tied to the fast-moving tax bill on Capitol Hill. Bill supporters hope that opening up the arctic to more federal drilling leases could generate $1 billion in federal revenue. But some market projections put the amount at far less […]

Budget cuts have put a squeeze on the agency as a major tax overhaul looms