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The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
Republicans' tax policy bill will have massive consequences. Both parties are hoping it will boost them in the 2026 election.
The bill is deeply unpopular - with nearly 2-to-1 opposition, according to a Washington Post-Ipsos poll conducted in June.
The president spent nearly a full day pushing his domestic policy bill across the finish line in the House. Now, the White House is planning a victory tour.
From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...