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House Republicans tried to advance the bill after it stalled in the Democratic-controlled chamber for more than two months.
Under the new law, gamblers will be allowed to deduct just 90% of their losses from their income taxes starting in 2026. Previously, they could deduct 100% of their losses, up until their winnings.
The budget-busting measure includes trillions in tax cuts for the wealthy and corporations along with harsh cuts to Medicaid and food stamps.
Republican Congressman Brian Fitzpatrick, PA-01, broke party lines Wednesday night to vote against a bill advancing ...
Senate Republicans narrowly pass Trump's healthcare bill in 51-50 vote, potentially affecting millions of Americans' access ...
House Republican leaders are scrambling to shore up support for President Trump's massive domestic policy bill amid pushback ...
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives ...
Elon Musk just declared open political war on Republicans backing the controversial spending bill, promising to primary every ...
The Senate narrowly passed President Trump's massive tax and spending bill Tuesday after a marathon series of amendment votes ...
The Senate will begin ‘vote-a-rama’ today on Donald Trump’s agenda bill. Two firefighters were shot and killed as they ...