A plan for a hefty new tax on university endowments was crafted to target “woke” schools, lawmakers said. But a small Kansas college and a Texas medical school might also be hit.

A key House committee advanced President Donald Trump’s giant tax and spending package after Republican hardliners won agreement from party leaders to speed up cuts to Medicaid health coverage.The House Budget Committee approved the legislation late Sunday night after a weekend of negotiations with four ultraconservatives on the panel who on Friday joined with Democrats to reject the legislation.

Yes, tax relief can be a powerful tool for resolving your past-due IRS debt, especially when it's not possible to repay the full balance right away. The IRS offers several formal programs designed to help taxpayers reduce or manage what they owe. These include:

Billy Long’s effort to promote the credit, along with his pushing of a fraud-ridden pandemic-era tax break, will be under close scrutiny during his Senate confirmation hearing.

House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal worsens the U.S. fiscal picture.

U.S. Republican tax writers pushing through President Donald Trump's signature tax cut priorities proposed to eliminate a customer tax on firearm silencers, potentially undoing the almost 100-year-old tax.

Among the proposals in the Trump administration's and House Republicans' Big, Beautiful Bill is the elimination of the federal clean vehicle tax incentive.

House GOP leaders worked through the weekend to win over a quartet of fiscal conservatives who voted last week to block Trump’s Big Beautiful Bill.