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Senate Republicans double down and target clean energy in draft tax bill
A proposal by Senate Republicans would adjust the pace at which some crucial home energy efficiency and electric vehicle tax credits are phased out in timelines different from what House Republicans proposed in the multitrillion-dollar tax bill they passed last month.
Senate Republicans Propose Key Tax Tweaks to House Bill
For many families, another key source of savings is the child tax credit. Senate Republicans proposed permanently increasing the credit available to parents, which would be set at $2,200 per child, beginning in the 2025 tax year. House Republicans had proposed to bump up the credit to $2,500, but only through 2028.
Republicans balk at changes to Trump tax bill as deadline nears
GOP leaders are scrambling to get all corners of the party on board to advance Trump’s biggest campaign promises.
House Tax Bill Boosts Deficit $2.8 Trillion, CBO Analysis Shows
The House-passed version of Republicans’ tax and spending bill would add $2.8 trillion to US deficits over the next decade, according to new estimates from the Congressional Budget Office that incorporate the broader impact the legislation would have on the economy and federal budget.
How the Senate GOP tax plan differs from the House bill
Senate Republicans have released their version of the tax legislation. It included some significant changes from the House version of the tax bill.
Senate GOP hits roadblocks in push to pass Trump’s tax and spending bill by July 4
Top Senate Republicans are running into some resistance from several key senators about the details of President Donald Trump’s “big beautiful bill,” potentially complicating plans to deliver that package by their own July 4 deadline.
Oil Industry Gets $1 Billion Tax Tweak in GOP’s Senate Bill
Senate Republicans included a tax break estimated to be worth more than $1 billion for oil and gas producers in their version of President Donald Trump’s sprawling fiscal package. The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating their taxable income.
Paid family leave credit would expand under Republican tax bill
Republicans want to let businesses use a little-known tax credit to pay insurance companies to cover their workers’ leave.
‘Dead on arrival’: GOP war over SALT cap breaks out, threatening Trump tax bill
A fresh Republican rift over taxes burst into public view Monday, as New York House Republicans slammed Senate GOP leaders for reportedly backing a plan to preserve the $10,000 cap on state and local tax deductions.
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